Class Action

Alterfina, CreditMatik, Loan and Go, and Express Loan 911 – Subscription and Membership Fees - Class Action Quebec

Slater Vecchio is investigating the subscription or membership fees charged by 9281-7378 Québec Inc., also known as “Alterfina,” “Creditmatik,” “Loan and Go,” and “Express Loan 911.”

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Alterfina, CreditMatik, Loan and Go, and Express Loan 911 - Subscription and Membership Fees

What is this lawsuit about?

Slater Vecchio is currently investigating 9281-7378 Québec Inc., which operates under the names “Alterfina,” “Creditmatik,” “Loan and Go,” and “Express Loan 911,” for imposing mandatory subscription or membership fees without including them in the advertised interest rate. If you live in Quebec and are or have been a borrower from one of these companies, Slater Vecchio would like to speak with you.

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What is a class action?

A class action is a legal case through which one person makes a claim to the Court on behalf of a similarly situated class of people who have the same or a similar legal claim. A class action seeks to hold a defendant or defendants responsible for their conduct that affects each member of the class by resolving issues that are common to the class in the same legal proceeding, instead of each class member bringing a claim individually.

The individual who first files the claim must ask the Court for permission to proceed as a class action. If permission is granted (referred as “authorized” in Quebec, and “certified” in all other Canadian provinces) and the case may proceed as a class action, the Court will appoint an individual as “Representative Plaintiff” to represent the best interests of the class during the litigation and will define the class group. Each person who meets the criteria of the class group is considered a “Class Member”.

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