As of 2023, the debt delinquency rate in Canada stands at approximately3.7%, indicating the percentage of Canadians who have been unable to...
In 2023, total consumer debt in Canada reached a staggering $2.3 trillion, marking a 5% increase from the previous year, according to...
In recent years, Canadian debt trends have shown a substantial increase, with approximately 82% of Canadian households carrying some form of debt...
Payday loans can seem like a convenient solution to sudden financial emergencies, especially when funds are low, and urgent payments are due...
As of 2023, approximately 35% of Canadian seniors aged 65 and older are reported to carry debt, highlighting a significant aspect of...
Exploring Youth Debt Statistics in Canada: Understanding the Financial Landscape for Young Canadians
As of 2023, approximately 43% of Canadian youth aged 18 to 29 are living with some form of debt, highlighting a growing...
In 2023, the average debt by age group in Canada reveals significant financial challenges across various demographics. Current statistics indicate that Canadians...
In Canada, individuals facing financial difficulties often find themselves at a crossroads when deciding how to manage their debts. One of the...
As of 2023, approximately 36% of Canadians are grappling with credit card debt. This significant statistic highlights the ongoing challenge that many...
