FCAC will adapt its existing consumer education materials and develop brand new materials to deal with the gaps identified through this research. Our objective is always to help Canadians make more borrowing that is informed also to seek appropriate help as needed.
FCAC’s customer training resources will give attention to: (1) fostering customer comprehension of the expense of pay day loans in accordance with existing options, and (2) how to reduce reliance upon payday advances, especially if you are reducing debts and closing recurrent financial obligation rounds. FCAC resources will concentrate on the themes that are following
Price of credit:
Many cash advance users might not understand that payday advances are the most costly approaches to borrow cash.
The Bucks You Will Need, The ongoing service You Deserve.
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