06/11/2019 Equifax: Canadian Credit Delinquencies Are Spiking, Seniors See Largest Increase | Better Dwelling . Good read! Many solutions exist and just by starting the conversation can remove the stress and help manage future planning.
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This is the 5th consecutive quarterly decline, and the largest since 2009. All of Canada’s previous recessions have kicked off with a decline in this segment. Read More. Equifax: Canadian Credit Delinquencies Are Spiking, Seniors See Largest Increase Equifax observed precursors to rising delinquencies last year, and the rate is now climbing.
The move was expected by the firm, which stated in the previous quarter, that 2019 would see higher levels. The overall rates remain relatively low, however credit [.] The post Equifax: Canadian Credit Delinquencies Are Spiking, Seniors See Largest Increase appeared first on Better Dwelling.
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This week’s listings are still in the mid-4000 range at 4483 which is pushing people to new home builders- remember, it is still important to bring a real estate agent to act on your behalf and keep your best interest in mind.
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Equifax: Canadian Credit Delinquencies Are Spiking, Seniors See Largest Increase. June 11, 2019. One of Canada’s top credit bureaus warned of higher delinquencies in 2019, and here they are.. Source: Equifax, Better Dwelling.
Category: mortgages.. Canadian Debt Delinquencies To Rise As ‘Credit Fatigue’ Sets In: Equifax.. If you’re one of the many Canadians just barely able to cover all their monthly bills and debts, credit rating agency Equifax has bad news for you: It’s not about to get any easier.
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TORONTO – Equifax Canada says consumer delinquencies climbed higher in the fourth quarter of 2018 and the credit monitoring company warns that rising delinquency rates are likely to become the norm this year.It says the 90-day mortgage delinquenc. Read more