These proposals are meant to act as a supplement to The Personal Property Security Act that was enacted in 1980. They are designed to enhance consumer protection in credit transactions.
Law Reform Commission of Saskatchewan
Publications by Key Term: consumer credit
Consumer Credit Act, Part I – Background and Underlying Considerations and Part II – Statistics: Tentative Proposals Aug 1980
This Report suggests that consumer credit is on the rise in the province and will continue to grow. As a result, the complex law surrounding consumer credit should be reformed. Creditor education is key to reforming the laws to ensure full disclosure and fair treatment.