Submit an application for a Payday Lender Allow. a lender that is payday an individual who offers, organizes or provides loans under $1,500 with a phrase of 62 times or less to consumers in Nova Scotia.
Legally, payday loan providers should have a Payday Lender allow to supply, organize or offer payday advances to customers in Nova Scotia. Your center will be examined before you can get the license.
A quick payday loan includes any loan of $1,500 or less, designed for a term of 62 days or less, in return for a postdated cheque, pre-authorized debit or comparable future payment.