UPDATED February 18, 2011

For further information: e-mail: premierecash@classcounsel.ca

On April 29, 2005, a proposed class proceeding was filed in the Supreme Court of British Columbia, which alleged that the companies and individuals operating the business Premiere Cash Advance charged payday loan fees in contravention of the Criminal Code.  This action sought the recovery of money those Defendants had collected in excess of the maximum rate permitted under the Criminal Code on behalf of all persons resident in British Columbia whom borrowed a payday loan from Premiere Cash Advance.

This action is no longer being actively advanced as the Premiere Cash payday loan business has ceased operations.