Equifax Canada
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Newcomers can transfer foreign credit history in new Equifax programThe Global Consumer Credit File will make it easier for immigrants to access services like loans and cellphone plans in Canada by providing the additional data, Equifax said.MoneyOct 24, 2024
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Auto fraud is up 54% in Canada — and culprits may not be who you thinkThe report released by Equifax Canada showed automotive fraud was up by 54 per cent year over year, with identity theft and falsified credit applications largely driving the rise.CanadaSep 24, 2024
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Missed credit payments higher among younger Canadians: reportAn Equifax Canada report says missed credit payments were higher among younger Canadians in the second quarter due to living costs and unemployment.ConsumerAug 27, 2024
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Young Canadians more likely to have missed a bill payment this year: surveyEquifax Canada says young Canadians are more anxious about their personal debt and more likely to have missed a bill payment this year.CanadaOct 30, 2023
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Businesses are increasing their credit usage. Why that’s a worrying trendEquifax Canada says new data suggests a major shift in credit usage among businesses in the first quarter of 2023, and that casts doubts on the stability of the Canadian economy.MoneyJun 20, 2023
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Mortgage originations in Canada dipped in first quarter: reportEquifax Canada says credit demand was high in the first quarter of the year while the mortgage market saw a significant slowdown.MoneyJun 6, 2023
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Credit card debt up 15% in Q4 with younger Canadians feeling pinch: EquifaxEquifax says Canadians' credit card debt increased by more than 15 per cent from the same period a year earlier and totalled more than $100 billion for the first time.EconomyMar 9, 2023
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Canadian consumer debt climbs 7.3% to $2.36 trillion in third quarter: EquifaxEquifax Canada says an increase in borrowers helped push total consumer debt to $2.36 trillion in the third quarter, even as mortgage volumes decline.ConsumerDec 6, 2022
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Canada’s housing market hotter than ever — and investors are playing a big roleThe share of home purchases by buyers who already have multiple mortgages is rising, data shows.MoneyDec 3, 2021
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Overpayment scam making the rounds in Kelowna, RCMP warnFake cheques can be business or personal cheques, printed to look like legitimate cheques, stolen from a victim of identity fraud, or even a fake money order.CrimeOct 8, 2021
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