Regulatory changes are coming to the lending industry
What does that mean?
This year, the Canadian government announced adjustments to the lending industry that will affect rates on borrowing as of January 1st, 2025. Cashco is prepared for the change and fully equipped to ensure a smooth transition.
We strongly encourage you to speak to an associate before December 31st, 2024, to learn how these changes may affect you.
Frequently asked Questions:
Will Cashco still offer the same products after the changes take effect?
Yes! Cashco is committed to continuing to offer the same trusted products and services our clients rely on.
Will the rate changes affect open loans?
No, if you already have a loan with Cashco, the interest rates on your existing loan will remain the same. The updated rates only apply to new loans or any new loan increases that take effect after January 1, 2025.
How do I apply for a loan or Loan Increase?
Applying is simple! You can visit any Cashco branch, where an associate will be happy to assist you with your application. Alternatively, you can apply online using the link below or over the telephone.
How can I learn more about the new regulations and how they impact me?
If you have more questions or want to learn how the new regulations might affect your specific situation, don’t hesitate to contact our team at Cashco. Additional information on the regulation changes can be found HERE.