Refresh Financial CEO Michael Wendland Appointed as Chair of CLA’s Advocacy & Regulatory Committee | Refresh Financial

Refresh Financial CEO Michael Wendland Appointed as Chair of CLA’s Advocacy & Regulatory Committee

August 15, 2018

KELOWNA, BC, Aug. 15, 2018 /CNW/ – Refresh Financial CEO Michael Wendland has been appointed Chair of the Canadian Lenders Association Advocacy & Regulatory Committee, working alongside governments and trade associations to propose ongoing legal and regulatory enhancements to drive transparency, education and empowerment of borrowers.

Michael Wendland

“I am honored to have been asked to help lead this important committee. Together we advocate for a balanced regulatory framework that meets the needs of borrowers, and provides stable, strong, and consistent environments for businesses of all sizes to successfully operate in Canada.  The CLA has been an important partnership for Refresh, and provides a great avenue for national input and influence.  I look forward to helping facilitate a unified voice and approach to important Government regulatory discussions that will have a direct impact on our members,” says Michael Wendland, CEO of Refresh Financial.

Wendland has led Refresh Financial’s rapid growth since its inception in 2013, including a recent ranking of number 40 on Deloitte’s Technology Fast 500, a listing of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.

“Michael brings a wealth of experience to the committee. Over the past year, the Advocacy and Regulatory Committee has grown in its scope and responsibility, recently publishing principles that underscore our commitment to transparency and an open marketplace – one which encourages innovation,” says Gary Schwartz, President of the Canadian Lenders Association.

The Canadian Lenders Association represents 50-member companies who are on the forefront of innovation in Canadian lending.  Partner companies support an open market that encourages creative lending opportunities, leveraging technology and healthy competition to advance the needs of borrowers and the products that are made available for 21st century needs.

Refresh Financial Inc. www.refreshfinancial.ca is a Canadian owned and operated fintech, based in Kelowna, BC.  Since inception, the company has helped more than 65,000 clients from coast-to-coast build and re-establish positive credit history by using low-risk tools including its home grown secured credit card and cash secured savings loan offerings.  With over 800 referral partner locations and a complimentary online financial intelligence training program, Refresh F.I.T., Canadians can now access tools to help them achieve and sustain long term financial success.

Canadian Lenders Association www.canadianlenders.org  The CLA supports the growth of companies in the Canadian market that are in the business of lending, or providing other means of credit, to small businesses and individuals by non-conventional or innovative means to exchange ideas and explore ways of improving the sector;  encourage principled and professional practices by innovative lenders; educate the public at large about innovative lending;  encourage individual potential borrowers to be informed about the appropriateness of innovative lending to the borrowers’ circumstance; and to advocate on behalf of, and represent the interests of innovative lenders.


For further information: Mike Penninga, Public Relations, Media@refreshfinancial.ca
Refresh Financial Inc. 230-1628 Dickson Ave, Kelowna, BC V1Y 9X1,

What Canadians are saying about Refresh

I would like to thank Refresh Financial for helping me get out of a bad spot. I never thought it was possible and almost gave up on things and then I saw Refresh Financial and and gave it a try. At first I was unsure of things but to see my credit score now makes me a believer in this program.

– Aaron A

“It hasn’t even been a year yet, possibly only 6-7 months, and my TransUnion score has gone up over 100 points. That was only the tip of the iceberg as recently I was able to get a consolidation loan from my bank that allowed me to move forward and make things easier for me. Talk about second chances!”

– Angelica M

“I am now in a position where I am able to obtain credit (just bought a brand-new car and refinanced my mortgage for a fantastic rate) and it took little to no time at all. I would 100% recommend Refresh to anyone looking to rebuild credit with as little hassle as possible.”

– Cathy M

“I had not heard of a company doing such a thing before someone suggested it to me and it made sense. I am not very good at saving money and Refresh Financial helped me. I have dealt with them for years now and never had a problem. The customer service is excellent and fast.”

– Chris C

Refresh helped me regain credit following a nasty divorce, which left me with a very poor rating. They were able to remarkably help me go from a 480 to a 600 score, in just over a year. Thank you Refresh!”

– Deb K

I have watched my credit score jump since being with Refresh and I have already recommended it to friends and family. Thank you for helping me build my credit faster for my future and my children’s future :)”

– Heather T

At first I was skeptical because I wasn’t getting funds upfront and had to make payments when I really needed the money. I’ve been in the program a year now and have noticed my credit has improved drastically!”

– Irene L

I have been a client of Refresh Financial for approximately 3 years. Since being a client they have improved my credit immensely. Definitely recommend this company to anybody that needs help re-establishing credit.”

– Jason I

“I recommend this program to anyone having credit issues. At the end of the agreement, your money is refunded to you. There were times I found myself short on cash and Refresh, with permission, used a portion of my money to clear up my arrears.”

– Margaret L

“I would like to thank Refresh Financial for their professionalism, great customer service and for helping get back to a better financial situation. I have always been treated with the utmost respect.”

– Martine B

Refresh Financial is an amazing program to help people get back on their feet. I was rock bottom with nowhere to turn. My credit was beyond poor. I would recommend them to anyone. If I can do it surely anyone else can.”

– Matthew S

“Great company to deal with for rebuilding credit, very simple process to get started. Good service if you ever have questions.”

– Mike L

This business truly cares about its clients. The customer service is always quick to return calls or emails. Their online portal functions very well so as a customer you are always updated as you progress with your loan.

– Phil J

“Refresh Financial has made us more aware of how to take care of our financial situation and be more responsible, and making payments on time is rewarding in the end for credit. Thank You sincerely.”

– Rocky M.

“Refresh financial is great!!! They boosted my credit score, helped me save money and helped my husband and I buy our house;) I was not only a number to them, they stayed in touch and helped me out along the way. Answered all my questions and concerns.”

– Sara B

“Refresh Financial had been exceptionally good to me! I’ve just been out on medical leave and they have accommodated me with my payments without hesitation!! I was in a really bad spot with my credit and they have helped me to try and correct it!! Bravo!”

– Shannon B

This company has been nothing but fantastic. They have gone above and beyond to help me. This program has given me the relief and peace of mind I need. I would certainly go back to them and give them names of people who could use this.”

– Shirley K

The financial services products are excellent for new immigrants, low-income earners and small business owners. Loans, savings and credit building all in one solution is a perfect fit to help with financial goals and stability.”

– Soraya H

“After successfully going through a credit rebuilding loan, I was able to use my built-up equity to purchase a newer vehicle and I have since been approved through a financial institution for a loan.”

– Tanya W

“I made some poor credit choices when I turned 18 and have always had this lingering thought of how am I ever going to better my score. Since being with Refresh I have realized that I took the right step towards bettering my future.”

– Taylor B

I’m so excited I’ve joined refresh! I’ve already seen a huge increase on my credit after the first month! The staff are a delight and make this so easy to understand. I strongly recommend Refresh Financial even if you have good credit this will give you a boost and you’re saving money with the reverse loan!”

– Wayne B