{"id":60801,"date":"2025-02-24T16:45:13","date_gmt":"2025-02-24T21:45:13","guid":{"rendered":"https:\/\/www.cleo.on.ca\/?post_type=post&#038;p=60801"},"modified":"2025-02-24T16:45:13","modified_gmt":"2025-02-24T21:45:13","slug":"updates-on-payday-loans","status":"publish","type":"post","link":"https:\/\/www.cleo.on.ca\/en\/whats-new\/updates-on-payday-loans","title":{"rendered":"Updates on payday loans"},"content":{"rendered":"<p>Steps to Justice has <a href=\"https:\/\/stepstojustice.ca\/legal-topic\/debt-and-consumer-rights\/payday-loans\/\" target=\"_blank\">updated information<\/a> about how much companies can charge for payday loans.<\/p>\n<p>The new amount took effect January 1, 2025. Payday loan companies can now charge up to $14 for every $100 borrowed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Steps to Justice has <a href=\"https:\/\/stepstojustice.ca\/legal-topic\/debt-and-consumer-rights\/payday-loans\/\" target=\"_blank\">updated information<\/a> about how much companies can charge for payday loans.<br \/>\nThe new amount took effect January 1, 2025. Payday loan companies can now charge up to $14 for every $100 borrowed.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ub_ctt_via":"","inline_featured_image":false,"footnotes":""},"categories":[1247],"tags":[],"class_list":["post-60801","post","type-post","status-publish","format-standard","hentry","category-latest-updates"],"featured_image_src":null,"author_info":{"display_name":"Mira Poliszczuk","author_link":"https:\/\/www.cleo.on.ca\/en\/author\/mira"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Updates on payday loans - CLEO (Community Legal Education Ontario \/ \u00c9ducation juridique communautaire Ontario)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cleo.on.ca\/en\/whats-new\/updates-on-payday-loans\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Updates on payday loans - CLEO (Community Legal Education Ontario \/ \u00c9ducation juridique communautaire Ontario)\" \/>\n<meta property=\"og:description\" content=\"Steps to Justice has updated information about how much companies can charge for payday loans. The new amount took effect January 1, 2025. 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