Acts and Regulations

C-28.3 - Cost of Credit Disclosure and Payday Loans Act

Section 39
Disposition versions

Full text
Advertising for open credit
39A credit grantor shall ensure that an advertisement that is published by or on behalf of the credit grantor and that gives any specific information about the cost of open credit states
(a) the current annual interest rate for the open credit, and
(b) any initial or periodic non-interest finance charges for the open credit.
2008, c.12, s.5
Advertising for open credit
39A credit grantor shall ensure that an advertisement that is published by or on behalf of the credit grantor and that gives any specific information about the cost of open credit states
(a) the current annual interest rate for the open credit, and
(b) any initial or periodic non-interest finance charges for the open credit.
2008, c.12, s.5
Advertising for open credit
39(1)A credit grantor shall ensure that an advertisement that is published by or on behalf of the credit grantor and that gives any specific information about the cost of open credit that is not in relation to a credit card states the APR for the open credit.
39(2)A credit card issuer shall ensure that an advertisement that is published by or on behalf of the credit card issuer and that gives any specific information about the cost of open credit that is in relation to a credit card states
(a) the current annual interest rate for the open credit, and
(b) any initial or periodic non-interest finance charges for the open credit.