Canadians Keeping Ahead of Their Debts, But Risks Remain – Canada Real Time – WSJ

Canadians keep getting new credit cards. And, despite all he worries about record-high household debt, they keep paying them off.Overall consumer credit, excluding mortgages, has grown robustly in the years since 2009, but delinquency and default rates have remained at low levels, according to credit-card data released Thursday by credit rater Equifax and Moody’s MCO +1.84% Analytics.

via Canadians Keeping Ahead of Their Debts, But Risks Remain – Canada Real Time – WSJ.

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