Financial and Customer Affairs Authority of Saskatchewan

Financial and Customer Affairs Authority of Saskatchewan

FCAA is Saskatchewan’s financial and customer market regulator.

Credit Rating Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

What you ought to understand

For information regarding your pay day loan choose from your options below.

A cash advance is a high expense, little, temporary loan supplied without safety (no security) www greenlight cash com approved to a debtor. The mortgage needs to be a maximum of $1,500 and also a term of significantly less than 62 times.

Be familiar with the total annualized borrowing price (ABR) of that loan before you accept simply take the loan. The ABR calculation includes all the lender’s charges or costs attached to the loan – interest costs and application, put up, management or any other costs. A good high rate credit card’s APR is going to be somewhat cheaper that the ABR calculated according to a $17 charge to borrow $100 for a quick payday loan term. Read more…