The policy change will lower some homebuyers' purchasing power.

The deferrals make up 10 per cent of the mortgage portfolio of Canada's big six banks.

There's a concerted effort underway to ensure Canadians who take advantage of special payment plans are not negatively affected, Equifax said.

A spokeswoman for the New York Department of Financial Services confirmed Saturday that the agency will investigate.

Robin Harvey was surprised to see a drop in her credit score, despite paying off a large credit card balance in full. She was even more surprised to find the same old errors in her credit report.

Equifax Canada says average credit scores for every other age group dropped in the last decade.

Lenders have been using bankruptcy scores for years, but few borrowers know about them.

The financial industry needs a borrowing history to assess your creditworthiness. But what if lenders looked at all the bills you've been paying?

Lies, secrets, deception. When it comes to finances, love has little to do with money for many Canadians, a recent Leger survey suggests.

Choosing a credit card that fits your budget and lifestyle can be a challenge for Canadian consumers.