Financial and Customer Affairs Authority of Saskatchewan

Financial and Customer Affairs Authority of Saskatchewan

FCAA is Saskatchewan’s financial and consumer market regulator.

Negative Equity

do you need to trade in your present automobile? Do you nevertheless owe cash on it? Be cautious, as taking on extra debt may place you in an unhealthy position that is financial. Customers who roll their car debt in to a new loan may end up in a situation referred to as negative equity: owing additional money on a vehicle compared to car is really worth. (more…)

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