Dollar Financial Group
National Money Mart Company is the leading Payday loan provider in Canada
Provinces covered are:
On Dec. 23, 2003, a $515 million Ontario class action lawsuit was started against Money Mart by Margaret Smith of Windsor, Ontario. The action alleges that Dollar Financial and Money Mart caused the plaintiffs to pay interest at a criminal rate contrary to section 347 of the Criminal Code.
- British Columbia
- Nova Scotia
The lawsuit was settled on June 5, 2009, with Money Mart. Money Mart paying
approx $120 million.
In March 2010, Money Mart settled a similar lawsuit in British Columbia — MacKinnon v. National Money Mart — for $24.75 million.