Licensing & Regulatory Compliance

Licensed and Regulated Since 2012

Credit Club Is a Licensed and Regulated Canadian Lender

Credit Club has been proudly serving Canadians since 2012. We believe short-term lending must be transparent, responsible, and compliant with every provincial law. That's why Credit Club operates strictly under the rules set by each provincial regulator where we lend.

We do not operate in any province where we are not licensed. We do not charge hidden fees. We follow every consumer protection rule — always.

Licensed Provinces

Below is a clear breakdown of our licensing and governing authorities.

Ontario

Licensed Payday Lender — Government of Ontario
Regulated under the Payday Loans Act, 2008

Maximum fee limits enforced
Mandatory cooling-off protections
Transparent cost disclosure
Borrower rights respected

License #: 4726568

Regulator: Government of Ontario – Consumer Protection Ontario

British Columbia

Licensed Payday Lender — Province of British Columbia
Regulated under the Business Practices and Consumer Protection Act

Strict fee caps
Mandatory repayment terms
Clear borrower protections
No deceptive advertising allowed

License #: 64068

Regulator: British Columbia Consumer Protection Authority

Nova Scotia

Licensed Short-Term Lender — Province of Nova Scotia
Regulated under the Consumer Protection Act

Transparent pricing
Fair lending practices
Borrower education focus
Dispute resolution support

License #: 222985929

Regulator: Nova Scotia Consumer Affairs

Your Rights as a Borrower

We fully support borrower protections, including:

The right to clear fee disclosure
The right to repayment transparency
The right to cancel within the legal cooling-off period
The right to fair treatment and respectful service
The right to complaint resolution

Founded on Trust

Credit Club has helped Canadians access short-term financial support for more than 14 years. We have grown carefully to maintain quality service, and we are committed to operating ethically, responsibly, and with integrity.

If You Need to Verify Our License

You are always welcome to contact:

Credit Club support team
Your provincial regulator
Our customer service department

We are happy to help.

Credit Club — Responsible. Regulated. Transparent since 2012.

Get your loan with these 4 easy steps

Apply online in minutes

Receive instant approval

Funded directly in your bank account

Repay upon your next payday

Apply now

Lender licence

Ontario 4726568

British Columbia 64068

Nova Scotia 222985929

Info

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At Credit Club we are dedicated to providing you with a solution to meet your immediate money needs right from the privacy of your home.

NEED HELP?
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Online Payday Loans Across Canada

Credit Club is proud to offer loans online to the residents of Ontario and British Columbia. Citizens of Toronto or Ottawa can apply online from the comfort of their home and receive the funds usually the same business day. Canadians from Vancouver and Victoria know they can be approved even if they have less-than-perfect credit. Citizens of Hamilton and Mississauga can apply online in minutes and get instant approval.

Understanding our loan fees

We charge $14 per $100 borrowed. Example of the total cost of the loan, for a $300 loan the cost of borrowing will be $42 and the payback amount $342.

Annual Percentage Rate Disclosure

Annual Percentage Rate (APR) varies from 90% to 365%. The minimum and maximum for repayment period is 62 days. For further details on APR, please refer to the FAQs and Pricing.

Implications of non payment

Financial Implications - If a pre-authorized withdrawal is returned to Credit Club for any reason, including but not limited to "NSF" or "account frozen," it will be considered as a non-payment. In these cases you might be charged an NSF fee. You may also incur an overdraft charge from your bank. In addition, an annualized interest rate of 30% will accrue from the loan repayment date up to and including the eventual repayment date.

Collection Activity - We may attempt to collect any delinquent amount through our standard collection practices, which include contacting you by phone, mail or email. Our collection agencies recover monies owed to us in a professional manner and in keeping with all lawful collections practices.

Impact on Your Credit Score - If you do not repay your loan to Credit Club, your credit score may be negatively affected.

Renewal of your Payday Loan ? Credit Club does not offer automatic renewals on its payday loans.

No unnecessary paperwork
Quick application process
No faxing required
Secure & Confidential
Need help ?
Email us now and our agents will take care of you.

Credit Club Address

701-1 Rideau Street, 7th floor, Ottawa, Ontario, K1N 5S7