Understand that payday loans—including those obtained through services like RadCred instant loan platforms—are treated as debt under Ontario’s Family Law Act and may become shared responsibility during divorce, regardless of which spouse borrowed the money. Document all payday loan agreements, statements, and correspondence immediately, as courts will examine when the debt was incurred, whether it benefited the family, and if your spouse borrowed without your knowledge. Protect yourself by requesting a credit report from both Equifax and TransUnion to identify all outstanding payday …
