TransUnion: Subprime Borrowers Help Push Canadian Debt Levels Up 3% – Marketwired (press release)

TORONTO, ON–(Marketwired – May 18, 2016) –  TransUnion’s (NYSE: TRU) latest Canada Industry Insights Report found that the average Canadian’s non-mortgage debt level rose to $21,348 in Q1 2016, up 2.7% from Q1 2015. The increase was particularly visible outside of the oil patch, with Ontario and Quebec seeing the greatest rises. Debt levels rose for most major credit products, with lines of credit being the only outlier, experiencing a 0.54% average balance decline.

Average Consumer Non-Mortgage Debt Levels

		Q1 2015		Q1 2016		YoY Ch… Read the full article at: http://www.marketwired.com/press-release/transunion-subprime-borrowers-help-push-canadian-debt-levels-up-3-nyse-tru-2126048.htm Category: Debt HelpBy Insolvency GuardianMay 18, 2016 Related Posts Calls for overhaul of global debt architecture intensify ahead of FfD4 – Devex June 6, 2025 How to get out of debt June 6, 2025 Thai monk with apparent gambling problem arrested over $12m temple embezzlement June 6, 2025 Infidelity, drug-use, gambling, and debt: what security vetting should catch – thepost.co.nz June 6, 2025 What is debt consolidation? June 6, 2025 How to qualify for medical debt forgiveness June 6, 2025 Go to Top Call Now Button