US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and other revolving ...

Age, education and even regional differences influence whether people pay off their balances or fall behind, new research reveals.

Mark Ting, a partner with Foundation Wealth and On The Coast's personal finance columnist, says that while credit card debt going down may seem like a good thing, he's seeing borrowers tack on their ...

Mark Ting, a partner with Foundation Wealth and On The Coast's personal finance columnist, says that while credit card debt going down may seem like a good thing, he's seeing borrowers tack on ...

Amid a drop in credit card balances, the growth of household debt slowed in April, according to new data from Statistics Canada.

In other words, Statistics Canada says there was $1.74 in credit market debt for every dollar of household disposable income in the first quarter. Credit cards shown on Oct. 6, 2022.

In other words, Statistics Canada says there was $1.74 in credit market debt for every dollar of household disposable income in the first quarter. The household debt service ratio — measured as ...

OTTAWA - Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income.

Amid soaring living costs, a growing unemployment rate, and economic uncertainty in Canada, more people have fallen behind on credit card payments th… ...

Household debt growth accelerated a bit in March, as credit card balances surged, according to new data from Statistics Canada. The national statistical agency reported that total household borrowing ...

Household debt growth accelerated a bit in March, as credit card balances surged, according to new data from Statistics Canada.