FCAC commonly adjust the existing consumer training material and create the latest material to address the fresh new holes known from this lookup. Our very own purpose should be to assist Canadians build a great deal more advised borrowing behavior in order to search suitable advice as required.
FCAC’s user studies information will focus on: (1) cultivating user knowledge of the expense from payday loans in line with established choices, and you may (2) a method to cure significance of payday loans, eg by paying down expense and you may ending perennial financial obligation cycles. FCAC information commonly focus on the following themes:
Cost of borrowing:
Certain can be baffled whenever credit costs are perhaps not indicated inside the an equivalent fashion for everybody credit solutions. Continue reading