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Canadian Auto Loan Delinquencies Surge Higher As Credit Signals Change In Direction

Canada’s highly indebted households are starting to show serious signs of debt overload. Equifax data shows the rate of auto loan delinquencies hit a rarely seen level in Q3 2022. Consumer credit in general has seen rates begin to climb as interest rates rise. Housing remains the one exception, though that’s likely to change as […]

The post Canadian Auto Loan Delinquencies Surge Higher As Credit Signals Change In Direction appeared first on Better Dwelling.

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