The FCAA is closed to the public. Read our COVID-19 alert to see what changes have been made in response to the crisis.
FCAA is Saskatchewan’s financial and consumer marketplace regulator.
If you are able to repay the loan in full before the due date, your loan fees must be reduced by a proportionate amount. For example, if a loan is paid back in half the time, half the fees should be refunded.
If a payday lender has violated the terms of The Payday Loans Act, or The Payday Loans Regulations, by charging more than is permitted, you can demand that the lender refund all of the charges, fees, or interest paid on the loan and the lender must immediately provide the refund.