credit card debt

• Canadian consumers are now carrying $2.1 trillion in debt, driven by mortgages

  Equifax says the debt profile of Canadians has changed throughout the COVID-19 pandemic, with mortgages accounting for a larger portion of people's debt.

  Consumer

  Jun 8
• 52% of Albertans say they’re $200 or less per month away from not paying all bills: MNP

  'The number of Albertans with virtually no wiggle room in their household budgets has increased significantly in the last three months.'

  Money

  Apr 8
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• People living in Alberta cities have more consumer debt than others in Canada

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

  Canada

  Mar 5, 2020
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• TD to start charging compound interest on all personal credit cards

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

  Money

  Jan 24, 2020
• Inherited some money? How to make your windfall pay off

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

  Lifestyle

  Dec 13, 2019
• Chase Bank to its Canadian credit card holders: ‘you owe no balance’

  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.

  Canada

  Aug 8, 2019
• Can you recession-proof yourself? Experts say there are ways to avoid the worst

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

  Canada

  Aug 3, 2019
• Insolvencies up in Canada in November, Alberta helping lead the way

  Alberta consumers help lead the hike in insolvencies across Canada.

  Money

  Jan 4, 2019
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• Personal finance tips to get your debt on track in 2019

  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.

  Money

  Dec 28, 2018
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• As another rate hike looms, more Canadians feel closer to insolvency

  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.

  Money

  Oct 23, 2018