News & Events
Bell ExpressVu – (DeWolf v. Bell ExpressVu Inc. and Bell ExpressVu L.P.)
April 6, 2010
This class proceeding concerns alleged illegal interest charges in relation to Bell ExpressVu services. When an account goes unpaid for a specified number of days, Bell ExpressVu charges subscribers a fixed late fee together with interest. The Plaintiff alleges that both these charges constitute interest and together exceed the maximum rate permitted by the Criminal
MBNA Canada Bank
March 25, 2010
This class proceeding concerns alleged illegal interest charges in relation to MBNA credit cards. The claim alleges that the flat fee MBNA charges in respect of cash advances constitutes interest and exceeds the maximum rate permitted by the Criminal Code (an effective annual rate of 60 per cent). The action seeks damages for repayment of
Money Mart Class Action – (Smith et al. v. National Money Mart et al.)
March 9, 2010
This class proceeding concerns alleged illegal interest charged by National Money Mart Co. (“Money Mart”) and its parent company Dollar Financial Group, Inc. (“Dollar Financial”) on “Fast Cash Advances” also known as “Payday Loans”. A “Payday Loan” is a short-term loan due on or before the borrower’s next payday upon which the lender charges various
Cash Money Cheque Cashing Inc. Class Action
February 3, 2010
A class action has been certified against Cash Money Cheque Cashing Inc. (“Cash Money”) by Kenneth Mortillaro, on behalf of all persons resident in Canada, (excluding British Columbia and Quebec, and excluding the Defendant, its officers, directors, or affiliated companies) who obtained one or more payday loan(s) from Cash Money on or before June 15,
