Credit card insights uncover developing financial pressures affecting many Canadians

Credit card data reveals many Canadians are struggling to pay off their monthly balances

Credit card delinquencies are stabilizing in early buckets while consumers continue to spend

More consumers are carrying credit card balances despite high rates, and delinquency rates continue to rise

Higher prices keep customers in a pinch from making on-time payments

The pandemic caused behavioral impacts on credit card payments of consumers for revolving products, where the minimum due is a small percentage of the current credit card balance

Bankcard delinquencies exceed pre-pandemic levels, higher losses are forecasted ahead

Ready for a recession? An insider look at bankcard and consumer trends in Canada

Bankcard delinquencies continue to rise, higher losses are coming in 2023

Inflation takes hold, bankcards delinquencies surpass pre-pandemic levels

Bank of Canada makes major rate hike and consumer inflation increases; low unemployment rate continues

Bankcard delinquencies continue to rise as growth in the economy slows

We are seeing unemployment rates at historical lows, so what is causing US Bankcard delinquency rates to increase?

Canada Sees Low Unemployment, But Rising Inflation – How Will This Affect Bankcard Usage?

Experiments in credit management can lead to great gains in profitability and other metrics - here are four guiding principles to boost your success