A few weeks ago, my bank called me within 20 minutes of a transaction they deemed suspicious –most banks monitor the patterns of your account’s movement. 992 more words
Tags » Equifax
New YouGov research commissioned by credit information provider, Equifax, sheds light on consumer attitudes to repaying debts. The survey of 2,010 people found that 16% of Britons have taken out credit with no intention of paying it back, and half of those would consider repeating the behaviour – although effective checks by lenders will probably mean they won’t get away with it for long. 375 more words
Canadians in provinces east of Ontario are diving deeper into debt at more than twice the rate of Western Canada, new data shows. However, they’re not as heavily indebted — yet. 259 more words
WATCH: Global’s Sean O’Shea reports that Canadian debt is at an all time high.
The average total debt owed on things like new cars, vacations, shopping or just paying the bills now stands at $20,891 per person in Canada. 540 more words
TORONTO – Canadians continue to pile on debt and now collectively owe more than $1.5 trillion excluding mortgages, according to the latest figures from Equifax Canada. 220 more words