Provincial Consumer Protection: Your Rights With Every Symple-Loans.ca Matched Loan

 

 

Province	Key Consumer Protection	Verify Matched Lender Licence
Ontario	Tier 1 max = 50% net pay | Extended repayment after 3 loans in 63 days | FSRA regulated	ontario.ca
BC	2 full business days to cancel — broadest right in Canada | Consumer Protection BC	consumerprotectionbc.ca
Alberta	Bold cost disclosure required on front page | Rollover loans banned | Service Alberta	service.alberta.ca
Manitoba	Extended repayment available | No renewal loans | Consumer Protection Office	gov.mb.ca
Saskatchewan	Renewals and rollovers banned | Cooling-off period | FCAA regulated	fcaa.gov.sk.ca
New Brunswick	Full APR disclosure required | Cost of Credit Disclosure Act | FCNB	fcnb.ca
Nova Scotia	Minimum age 19 | Annual lender licence renewal | Service Nova Scotia	novascotia.ca/sns
PEI	Cancel by next business day | $1,500 Tier 1 max | Standard protections	princeedwardisland.ca
Quebec / Territories	No payday exemption — federal 35% APR governs | Tier 1 products not available	Contact Symple-Loans.ca

 

Federal protections in all eight licensed provinces: $14/$100 maximum Tier 1 fee (January 2025); 35% APR cap on Tier 2 (January 2025); $20 maximum dishonoured payment fee; $10 maximum bank NSF fee (March 2026); mandatory full cost disclosure before signing; statutory right to cancel by next business day at zero cost. These protections apply to all borrowers — including those facing financial difficulty — automatically.