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Payday loans: Protecting yourself if you get one

Feature image - Getting a payday loan

Payday loans are an expensive and risky option for borrowing money. If you feel you have no option other than taking out a payday loan, learn how to protect yourself.

What you should know

Protect yourself

Who can help

  • This information applies to British Columbia, Canada
  • Reviewed for legal accuracy in December 2019
  • Time to read: 4 minutes

Reviewed for legal accuracy by

Mario Garcia, CarbonCure Technologies

Mario Garcia, CarbonCure Technologies

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This information from People’s Law School explains in a general way the law that applies in British Columbia, Canada. The information is not intended as legal advice. See our disclaimer.

On Dial-A-Law

Dial-A-Law has more information on Borrowing money in the section on Money & debt.