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Gen Z credit use up 30%, as Canada’s consumer debt hits $2.5 trillion - Mortgage Rates & Mortgage Broker News in Canada
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Gen Z credit use up 30%, as Canada’s consumer debt hits $2.5 trillion - Mortgage Rates & Mortgage Broker News in Canada
Canada’s consumer debt climbed to a record $2.5 trillion in the first quarter, with Gen Z, newcomers and subprime borrowers driving the surge, according to TransUnion’s latest Credit Industry Insights Report.
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