2 ms·
Source re creditworthiness? I’ve seen headlines stating the indebtedness of Canadians relative to income has never been higher.
by voisin 5y ago
Source re creditworthiness? I’ve seen headlines stating the indebtedness of Canadians relative to income has never been higher.
- DwnVoteHoneyPot 5y agoBoth things are happening. Credit scores have improved during the pandemic. Less missed payments, less spending (maybe because people are home more), plus more government assistance. While credit cards and credit lines are doing better, mortgages have increased, causing debt to income to be very high.