Credit card debt up more than 15% in fourth-quarter, younger Canadians feel hardest pinch

Credit card debt up more than 15% in fourth-quarter, younger Canadians feel hardest pinch

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Canadian credit card debt soared in the last three months of 2022 amid rising interest rates and stubbornly high inflation with younger Canadians in particular relying on credit to make ends meet. Credit monitoring agency Equifax says Canadians’ credit card debt increased by more than 15 per cent…

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