Credit rating agency Equifax Canada says average consumer debt increased 2.7 per cent to reach $72,950 at the end of 2019.

TD says it will add unpaid interest charges to cardholders' balances at the end of each statement period beginning in March.

Many Canadians expect to receive an inheritance in their lifetimes, but experts say some people make common mistakes with their cash.

Chase Bank confirmed Thursday it is forgiving all outstanding debt owed by users of its two Canadian credit cards as part of its exit from Canada's credit card market.

Here are some strategies for protecting your finances ahead of a possible dip in the market.

Alberta consumers help lead the hike in insolvencies across Canada.

If you are feeling guilty or stressed about all the money you spend this Christmas, personal finance expert Rubina Ahmed-Haq has tips for a “finance detox” in 2019.

One-third of debtors now say rising rates could move them toward bankruptcy, a recent MNP survey found. Meanwhile, delinquency rates are up among seniors, according to Equifax.

Canadians should be responsible for their own debts, but Mike Stafford says Canadian banks and lenders have to share some responsibility, as well.

Debtors are more willing to give up restaurants, vacations and the right to vote than to seek professional help over debt woes, the same poll shows.