This report evaluates trends and issues in Canada’s auto finance market. It focuses on the risks posed to consumers by non-prime loans and car loans with terms in excess of five years (i.e., extended-term loans), such as negative equity, buying too much car, and the auto-debt treadmill.
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Topics: General, Mortgages and loans, Rights and responsibilities, Saving and investing Language(s): English French
Fee: Free Type: Research/reports
Format: Print/pdf
| Target audience: General public
Knowledge level: Introductory
Related events: Life event: Resources specific to Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Northwest Territories Nova Scotia Nunavut Ontario Prince Edward Island Quebec Saskatchewan Yukon
| Financial Consumer Agency of Canada Contact: Financial Consumer Agency of Canada (866) 461-3222
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