Hamilton By-law 07-170, s. 10(a) — 10 Poster for Rates Every payday loan business shall display a poster at each of the offices authorized by its Payday Loans Act, 2008 licence that
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10 Poster for Rates Every payday loan business shall display a poster at each of the offices authorized by its Payday Loans Act, 2008 licence that:
- has been approved in advance by the Issuer of Licences;
- (b) is in English;
- (c) is visible to any person immediately upon entering the office;
- (d) is of a minimum size of 61 centimetres in width by 91 centimeters in length; and
- (e) consists of:
- (i) in 144 point font, a heading setting out the words “Our Annual Interest Rate” and the amount of the payday loan business’s annual interest rate, which may be shown on a replaceable card attached to the face of the poster or by any other similar means, immediately below the heading;
- (ii) in 144 point font, a heading setting out the words “Chartered Bank – Annual Consumer Loan Rate” and the chartered bank annual consumer loan rate, which may be shown on a replaceable card attached to the face of the poster, immediately below the heading; and
- (iii) in 34 point font and below 4(e)(i) and 4(e)(ii) the words “This poster is required under Schedule 11 of the City of Hamilton’s Business Licensing By-law No. 07-170.” Revised: November 2023 C:\Users\apepper\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\38JEUW0B\Business Licensing 07-170 Consolidated (November 2023).docx Poster for Credit Counselling
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- 9 Staff annually report to Council on the number of payday loan businesses licenced
- 10 Poster for Rates Every payday loan business shall display a poster at each of the offices authorized by its Payday Loans Act, 2008 licence that
- 11
- 11(a) 11 Every payday loan business shall display a poster at each of the offices authorized by its Payday Loans Act, 2008 licence that
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