What is the maximum allowable interest rate that a company can charge you for a loan in Ontario? I’m not talking a major bank, but rather a corporation that does debt consolidation or whatnot.
Anyone know?
What is the maximum allowable interest rate that a company can charge you for a loan in Ontario? I’m not talking a major bank, but rather a corporation that does debt consolidation or whatnot.
Anyone know?
IANAL, and if you have any legal questions you should talk to a lawyer.
From the “Criminal Code of Canada s. 347(2)”