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How do lenders measure your credit worthiness?
Most of us understand that establishing and maintaining good credit is important. Beacon scores or Fico scores, as they are sometimes referred to, are generated based on many factors but the main...
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Personal Debt level concerns are overblown according to Equifax stats.
So here we go again.. More stats that show our personal debt levels aren’t out of control… That’s right, I said ‘aren’t’ out of control. Equifax Canada says our defaults are at record low levels and...
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News stats..Higher debt, but lower defaults
Saw this article today about higher consumer debt levels BUT lower defaults. Equifax Canada is quoted as saying that consumer debt rose by 7.2% in the second quarter 2014 to $1.45 trillion ,compared...
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