{"id":23318,"date":"2025-11-27T03:18:51","date_gmt":"2025-11-27T03:18:51","guid":{"rendered":"https:\/\/finderica.com\/?p=23318"},"modified":"2025-11-27T03:18:51","modified_gmt":"2025-11-27T03:18:51","slug":"more-canadians-missing-non-mortgage-debt-payments-equifax","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=23318","title":{"rendered":"More Canadians missing non-mortgage debt payments: Equifax"},"content":{"rendered":"

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The company says the 90-day non-mortgage balance delinquency rate was 1.63%, up 14% compared with the third quarter last year.<\/p>\n

The increase came as overall consumer debt totalled $2.62 trillion, a 3.4% increase compared with year ago.<\/p>\n

Average non-mortgage debt per consumer in the third quarter was $22,321, up $511 from a year ago.<\/p>\n

Rebecca Oakes, vice-president, advanced analytics at Equifax Canada, says there were tentative signs of stabilization earlier this year, but the third-quarter data indicated some renewed stress, especially in younger households and homeowners in urban centres.<\/p>\n

Oakes added that credit card spending typically rises during the holiday season and that the next few weeks will be a decisive moment for many consumers in Canada.<\/p>\n

Visited 1 times, 1 visit(s) today<\/p>\n

consumer debt credit cards delinquencies equifax Canada missed payments non-mortgage debt rebecca oakes The Canadian Press<\/p>\n

Last modified: November 26, 2025<\/p>\n<\/p><\/div>\n

Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The company says the 90-day non-mortgage balance delinquency rate was 1.63%, up 14% compared with the third quarter last year. The increase came as overall consumer debt totalled $2.62 trillion, a 3.4% increase compared with year ago. Average non-mortgage debt per consumer in the third quarter was $22,321, up $511 from a year ago. Rebecca<\/p>\n","protected":false},"author":1,"featured_media":23319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[216],"tags":[1107,367,1574,1414,3624,474],"class_list":{"0":"post-23318","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mortgage","8":"tag-canadians","9":"tag-debt","10":"tag-equifax","11":"tag-missing","12":"tag-nonmortgage","13":"tag-payments"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/23318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23318"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/23318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/23319"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}