Consumer Alert - Former Licensed Vehicle Dealer, Big Q Auto, Forfeits Surety Bond
CANADA, January 17 - Released on January 17, 2024
The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) is informing consumers that the bond issued to 102069557 Saskatchewan Ltd. dba Big Q Auto has been demanded and paid. Consumers who suffered a financial loss as a result of their vehicle transaction with Big Q Auto may be eligible to file a claim for financial loss.
Big Q Auto operated as a licensed vehicle dealer in Wynyard, Saskatchewan until November 24, 2022.
A bond is a sum of money that a bonding company agrees to pay if the licensee - in this case Big Q Auto - contravenes The Consumer Protection and Business Practices Act or The Consumer Protection and Business Practices Regulations. A bond is a licensing requirement for vehicle dealers in Saskatchewan.
To determine claim eligibility, consumers are required to provide a signed claim form and supporting documentation to substantiate their financial loss.
For more information, please contact the Consumer Protection Division via email at branch.consumerprotection@gov.sk.ca or phone 306-787-5550. Claims must be submitted by February 17, 2024.
For information about the decision to demand the bond, visit: https://fcaa.gov.sk.ca/regulated-businesses-persons/businesses/vehicle-dealers/regulatory-actions.
-30-
For more information, contact:
Margherita VittorelliFinancial and Consumer Affairs Authority
Regina
Phone: 306-798-4160
Email: margherita.vittorelli2@gov.sk.ca
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.