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 My husband put us in $1m worth of debt & lied about it – I’m on the hook for half but experts gave me crucial first step June 4, 2025 Sorbet Secures $25 Million Debt Facility from Pier Asset Management June 4, 2025 TV-Shopping Network QVC Seeks Advice on $5 Billion Debt Pile – Bloomberg June 4, 2025 Access Denied June 4, 2025 Issue of Debt – Business Wire June 4, 2025 How to qualify for personal loan debt forgiveness June 4, 2025 Go to Top Call Now Button