Payday Loan Establishments
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Consultation has concluded
Payday Loan Establishments offer cash advances in exchange for a future payment. They have higher interest rates than traditional financial institutions and may create a cycle of debt that is difficult to get out of.
The City of Sarnia has prepared new regulations for Payday Loan Establishments, including where and how many would be permitted in the City.
An open house will be held on: Thursday, January 23, 2020 from 5:00 - 6:00 p.m. in the First Floor Lobby, Sarnia City Hall to gather input on new regulations proposed for Payday Loan Establishments.