Canadians are adding to their debt levels at a dizzying rate, reports MoneySense.
Canadians are adding to their debt levels at a dizzying rate, reports MoneySense.
According to TransUnion’s latest credit trends report, the average consumer debt, excluding mortgages, rose 2.3% in the fourth quarter to $21,428.
It’s a sharp reversal from a year earlier when Canadians were paying down their debt faster than they were adding to it.
Read the whole story on the MoneySense website.
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