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Credit Rating Division
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Submit an application for a licence
Running a payday lender company in Saskatchewan is really a privilege that is included with a amount of obligations. As being a payday loan provider holding on business in Saskatchewan, you have to adhere to The payday advances Act, plus the Payday Loans Regulations.
The licensing toolkit contains way on the best way to submit an application for a licence to continue company being a payday lender in Saskatchewan. Please relate to the Registration and Licensing System (RLS) information for guidelines about how to finish an on-line application.
Your payday loan provider licence is a tremendously part that is important of your company. Please simply simply take enough time for you to finish the job accurately and totally, and submit it well prior to the date you would like to begin holding on business in Saskatchewan.
To be able to have the job prepared in a manner that is timely be sure to make sure that the web application is entirely done and all sorts of required supporting paperwork is connected. Make sure to submit a cheque payable towards the Minister of Finance for the $3,000.00 yearly cost, per certified location. Incomplete applications and applications lacking any accompanying payment will never be prepared.
Us and we will assist you if you have questions about completing your application, please contact.
Annual Licence Renewal
Your payday lender licence is given for the twelve thirty days period, expiring a year through the date of problem. Please guarantee you submit your internet renewal application and payment that is accompanying your licence expires. Please relate to the Registration and Licensing System (RLS) information for guidelines on how best to finish an on-line renewal application.
The permit application in RLS is partioned into “legal entity” abd “physical location: elements. A licence is for each real location, and every licence expires a year through the date of problem. included in the renewal procedure, one per year each loan provider will have to upgrade the appropriate entity information.
In cases where a licensed payday lender with a minumum of one location wants to utilize for another phyiscal location licence, it might achieve this without the need to re-submit most of the appropriate entity information. Nonetheless, the appropriate entity information needs to be updated yearly, appropriately, some applicants could find that the timing of submissions is in a way that the appropriate entity info is needed.