Missed Payments and Financial Strain Are Increasing for Many Canadians, Credit Card Debt Continues To Rise
Equifax
Source: financialpost.com
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As the Impact of High Interest Rates Takes Hold, Growth in Consumer Spending Slows and Financial Stress Rises
Equifax® Canada Market Pulse — Consumer Quarterly Credit Trends ReportTORONTO, Sept. 14, 2023 -- Canadian consumer debt reached $2.4 trillion, according to Equifax® Canada’s most recent...
Source: marketscreener.com
Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability
Equifax® Canada Market Pulse — Consumer Quarterly Credit Trends Report TORONTO, June 06, 2023 -- Credit demand remained high in the first quarter of this year while the mortgage market... | June 6, 2023
Source: marketscreener.com
Total Consumer Debt Climbs to $2.36 Trillion as Consumers Lean on Credit Cards
Equifax Canada Market Pulse Quarterly Credit Trends ReportTORONTO, Dec. 06, 2022 -- Total consumer debt has climbed to $2.36 trillion, an increase of 7.3 per cent in Q3 2022 compared to last year... | December 6, 2022
Source: marketscreener.com
Financial Stress Mounts, Credit Card Demand and Debt Rise
06.09.2022 - Equifax Canada Market Pulse Quarterly Credit Trends ReportTORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) - Total consumer debt has climbed to $2.32 Trillion, an increase of 8.2 per cent in Q2 2022 compared to last year according to Equifax Canada’s most ...
Source: wallstreet-online.de