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Tag: Canadian Debt

Relationship Status & Your Partner’s Debt

January 31, 2017

So you’ve had the “finances” conversation in your relationship and you are still concerned about how exactly your partner’s debt will impact your personal financial situation? Maybe they ran up a high credit card bill or you are worried about the impact their debt has on your credit score? Hopefully, this will clear up some of the confusion. […]

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Debt Relief Canada – Non-mortgage debt rose 6 per cent at year end, TransUnion data show

February 21, 2013

While mortgage debt growth has been slowing, Canadian consumers are still borrowing at record levels to buy cars, finance home repairs and pay for furniture, new data shows. The average consumer’s non-mortgage debt rose nearly 6 per cent in the last three months of 2012 compared to the same period a year earlier, according to […]

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Debt Relief Canada – The borrowing binge: Consumer debt hits eight-year high

November 6, 2012

Despite repeated warnings, Canadians have returned to their borrowing ways, pushing consumer debt levels to a new record high. A report released Thursday by TransUnion shows that the average Canadian’s non-mortgage debt reached $26,221 in the second quarter of 2012, up $192 from the previous quarter. The $26,221 amount is the highest per person debt […]

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