Canadian Consumer Finance Association
The Canadian Consumer Finance Association is a private trade association that represents the majority of licensed payday lenders and consumer finance providers in Canada, advocating for regulatory frameworks that preserve access to small-sum short-term credit.
- Company typePrivate
- Founded2004
- HeadquartersOakville, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Canadian Consumer Finance Association does
The Canadian Consumer Finance Association (CCFA) is a private industry trade association founded in 2004 (originally as the Canadian Payday Loan Association, rebranded in 2016) and headquartered in Oakville, Ontario. It represents the majority of Canada's regulated providers of small-sum, short-term credit — payday loans, installment loans, term loans, lines of credit, cheque cashing, wire transfers, bill payment services, and currency exchange. Its members collectively operate 870 licensed stores and online businesses across Canada and serve approximately two million Canadians annually. The association's stated mission is to work with federal, provincial, and municipal governments to balance consumer protection with continued access to regulated credit for Canadians who have been refused credit by traditional banks.
Canadian Consumer Finance Association firmographics
Firmographics- Name
- Canadian Consumer Finance Association
- Legal name
- Canadian Consumer Finance Association
- Website
- https://canadiancfa.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Canadian Consumer Finance Association is a private trade association that represents the majority of licensed payday lenders and consumer finance providers in Canada, advocating for regulatory frameworks that preserve access to small-sum short-term credit.
- Ownership category
- akta.pro rank
Where Canadian Consumer Finance Association is headquartered
LocationHeadquarters
- HQ city
- Oakville
- HQ country
- Canada
- HQ region
- North America
Markets served
Canadian Consumer Finance Association business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Distribution channels2 records
Marketing channels3 records
Canadian Consumer Finance Association product offering
Product offeringCore offering
The Canadian Consumer Finance Association (CCFA) is an industry trade association that represents the majority of Canada's regulated providers of small-sum, short-term credit, including payday loans, installment loans, term loans, lines of credit, and cheque cashing services. CCFA advocates on behalf of its licensed lender members before federal, provincial, and municipal governments to shape regulations that balance consumer protection with continued access to credit for Canadians. Its member companies collectively operate 870 licensed stores and online businesses across Canada, serving nearly two million Canadians annually.
Product overview
The Canadian Consumer Finance Association (CCFA) is a trade association representing licensed payday lenders and consumer finance companies across Canada, not a single product company. The association's member companies collectively offer a portfolio of small-sum, short-term credit products including payday loans (their core offering), installment loans, term loans, and lines of credit. Additional retail financial services include cheque cashing, wire transfer services, bill payment services, and currency exchange. CCFA members operate 870+ licensed stores and online businesses serving nearly two million Canadians annually.
Differentiator
Problem solved
Functional benefit
Products and services
- Payday Loans
- Installment Loans
- Term Loans
- Lines of Credit
- Cheque Cashing Services
- Wire Transfer Services
- Bill Payment Services
- Currency Exchange
- CCFA Membership
- Industry Reports and Research
- Consumer Complaints Resolution
Quantifiable outcome
- 870 licensed stores and online businesses operating across Canada
- +1 more outcomes
Companies that use Canadian Consumer Finance Association
Customer profileSegments1 record
Ideal customer profiles2 records
Canadian Consumer Finance Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Canadian Consumer Finance Association partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- Cash 4 YoucoreCCFA member company providing payday loans and short-term credit services.
- GoDay.cacoreCCFA member company providing online payday loan services.
- icash.cacoreCCFA member company providing online payday loan services.
- Money MartcoreCCFA member company operating 15 locations in New Brunswick, providing payday loans and financial services. Money Mart ceased doing payday loans in New Brunswick due to new regulations.
- My Canada PaydaycoreCCFA member company providing payday loan services.
Scale indicators5 records
Recent moves7 records
Expansion highlights4 records
Canadian Consumer Finance Association competitors and assessment
Company assessmentDirect peers
- Consumer Finance Association (UK): UK trade association representing the short-term consumer credit industry (formerly the BCCA), directly comparable to CCFA as a national trade body for licensed payday/short-term lenders.
- Financial Service Centers of America (FiSCA): US trade association representing check cashers, payday lenders, and other alternative financial service providers, comparable as a multi-product consumer finance trade body.
- Community Financial Services Association of America (CFSA): US national trade association for licensed payday and small-dollar lenders, directly analogous to CCFA in mission, structure, and advocacy focus.
- National Installment Lenders Association: US trade association for licensed installment lenders, directly comparable to CCFA's expanding installment-loan membership base and regulatory advocacy focus.
Broad incumbents
- National Pawnbrokers Association: UK trade association for pawnbrokers, comparable as a national trade body for alternative consumer credit providers serving underbanked consumers with small-sum, short-duration products.
- Canadian Bankers Association: Canada's largest banking trade association, comparable as a national financial services trade body engaging federal and provincial regulators, though representing deposit-taking institutions rather than alternative lenders.
- Innovative Payments Association: Trade association representing payments, prepaid, and consumer finance industries, comparable as an adjacent North American consumer-finance trade body with overlapping membership profiles.
Regional players
- Independent Financial Brokers of Canada: Canadian trade association for mortgage and credit brokers, comparable as a domestic trade body advocating for non-bank credit intermediaries but focused on mortgage brokerage.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Canadian Consumer Finance Association social profiles
Digital presenceCanadian Consumer Finance Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
Canadian Consumer Finance Association leadership team
Management profileNumber of profiles
Profiles2 records
Canadian Consumer Finance Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Canadian Consumer Finance Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Canadian Consumer Finance Association
What does Canadian Consumer Finance Association do?
The Canadian Consumer Finance Association (CCFA) is an industry trade association that represents the majority of Canada's regulated providers of small-sum, short-term credit, including payday loans, installment loans, term loans, lines of credit, and cheque cashing services. CCFA advocates on behalf of its licensed lender members before federal, provincial, and municipal governments to shape regulations that balance consumer protection with continued access to credit for Canadians. Its member companies collectively operate 870 licensed stores and online businesses across Canada, serving nearly two million Canadians annually.
Is Canadian Consumer Finance Association a public or private company?
Canadian Consumer Finance Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Canadian Consumer Finance Association founded?
Canadian Consumer Finance Association was founded in 2004. It employs 1 to 10 people.
Where is Canadian Consumer Finance Association based?
Canadian Consumer Finance Association is headquartered in Oakville, Canada, in the North America region.
Who are Canadian Consumer Finance Association's main competitors?
Direct peers on record are Consumer Finance Association (UK), Financial Service Centers of America (FiSCA), Community Financial Services Association of America (CFSA) and National Installment Lenders Association. Broad incumbents are National Pawnbrokers Association, Canadian Bankers Association and Innovative Payments Association. Independent Financial Brokers of Canada is listed as a regional player.
Does Canadian Consumer Finance Association have an API?
No public API is recorded for Canadian Consumer Finance Association.