Blogs
The average debt-to-income ratio in Canada stands at approximately 173% as of 2023, highlighting the precarious financial situation faced by many Canadian...
In today’s fast-paced financial landscape, many Canadians are seeking effective solutions to manage their debt. If you find yourself asking, ‘Can I...
As of 2023, approximately 41% of Canadians are living paycheck to paycheck, highlighting a significant financial strain affecting many households across the...
As of 2023, the total student loan debt in Canada is estimated to reach approximately CAD 23 billion, affecting around 1.8 million...
As of 2023, the average debt load among Canadians stands at approximately $72,000 per household, with significant variations when broken down by...
Understanding how loans affect your credit score is essential for everyone, especially for Canadians navigating the complexities of debt management. Your credit...
As of 2022, Canada faced a bankruptcy rate of approximately2.5% among its population, with this rate showing fluctuations influenced by economic conditions...
As of 2024, the number of insolvency filings in Canada is projected to reach approximately 150,000, marking a significant increase from previous...
In 2023, Canada’s credit card delinquency rate reached approximately3.2%, indicating a rise from previous years as more consumers struggle to meet their...