It is not an enthusiastic exhaustive a number of borrowing from the bank circumstances
The FCAC works together stakeholders to increase public feeling about the costs out of high-costs credit and you can alternatives to the financing facts. Data is on its website, also it provides units to assist Canadians choose compatible financial products (e.grams., mastercard review unit).
- How would the us government out-of Canada, including the FCAC, increase monetary education and you will feeling out-of highest-cost payment fund to advance encourage and you will protect Canadians while they generate advised economic choices?
What is actually Next?
The federal government is in the procedure for collecting viewpoints of all the interested stakeholders. Your own input will help us to get a full comprehension of the advantages and risks of amending the latest criminal rate of interest to address higher-costs fees loans from option lenders, which help update future rules advice about procedure.Leer más »It is not an enthusiastic exhaustive a number of borrowing from the bank circumstances