Total Consumer Debt Rises Over Same Period Last Year According to Equifax Canada, Serious Consumer Delinquencies Are at an All-Time Low

Total Consumer Debt Rises Over Same Period Last Year According to Equifax Canada, Serious Consumer Delinquencies Are at an All-Time Low

TORONTO, ONTARIO — (Marketwired) — 04/24/13 — Equifax Canada-s (NYSE: EFX) March Consumer Credit Trends Report finds there was moderate growth in total consumer indebtedness (excluding mortgage debt), year-to-date through March 2013 with an increase of 3.9 per cent to $500.8 billion from $497 billion during the same timeframe in 2012.The 90-plus day delinquencies for all credit products (excluding mortgages) has decreased by 13.4 per cent from the same time period in 2012 to a moderate 1.2

Serious Delinquencies at Record Lows-Canadians Also Taking on Less Debt

Serious Delinquencies at Record Lows-Canadians Also Taking on Less Debt

TORONTO, ONTARIO — (Marketwire) — 01/24/13 — Equifax Canada-s (NYSE: EFX) 2012 National Credit Trends year-end report finds that the 90-plus day delinquencies for all non-mortgage credit products have reached a record low of 1.19 per cent. This rate was as high as 1.75 per cent during the height of the recent recession."Throughout 2012, we continued to see slower growth in overall credit and a vast improvement in serious delinquencies, which were at a record low of 1.19 per cent in Q4,