UNREGISTERED/UNLICENSED PREDATORY LENDER
This company is a predatory and unlicensed in all provinces in Canada.Just to respond to some of those views, most of these companies such as SecureFinances,EXPRESS PAYDAYLOAN are unlicensed and unregistered payday loan companies. I mean you know its 14 or 15% percent depening on which province you live. These online companies providing loans based on your weekly or biweekly pay, go beyond any provincial and federal legislation charging you a high fee and interest for borrowering because they are unlicensed and according to provincial/federal legislation laws their practice is ILLEGAL! if you look at your contract you should see a loan for 300 you pay back 300 which is the amount you borrowed and then another 200 for surety fees. You pay the loan for 3 months. The bigger the loan the higher the fee. If you borrow 1000 you will pay back close to 2000 over 3 months. Even if they stated they are not a pay day loan company,they are providing loans with illegal high rates. I cant stress it enough! Thats illegal and is considered prentatory lending and you dont have to pay those fees except for the amount you borrowed. SecureFinances will make derogatory complaints and harass everyone you listed as reference. . Its a predatory company operating illegally without a license or registration! They are located in Quebec and one of their number listing is 1-438-258-9362 and like any company the address can be found. If the loans are causing hardship, legally the contract can be avoided and maybe you won't have to pay even the principle balance. Especially if you have multiple loans at one time, the company giving you the loan ignored the debt to income ratio or your ability to pay back at the time are technically can be responsible for the hardship. If you contact Your provincial government or any credit counsellor they would tell you that. Look online it clearly states that as well. Your not indebted to pay the high fees that may be listed as administrative/surety/file analysis but only the amount borrowed. Secure Finances are aware and yes they probably will call and call and email and probably make berating/defamatory comments. But did you know legally they are not allowed to do that.. So keep all emails and record all calls. Report them to RCMP if it persists and they can deal with that as well. Dont forget you can get free legal advise.We all need to put an end to this. I hope this helps!








