Keeping up with the Economy: Canadians Continue to Adapt their Credit and Financial Decisions [Yahoo! Finance]
Equifax, Inc. (EFX)
Last equifax, inc. earnings: 4/20 05:24 pm
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Source: Yahoo! Finance
TORONTO, June 11, 2024 (GLOBE NEWSWIRE) -- Consumer debt rose to $2.46 trillion at the end of Q1 2024, marking a 3.5 per cent increase from the previous year, according to the latest Market Pulse Consumer Credit Trends and Insights Report from Equifax ® Canada. Financial strain was evident in the first quarter of 2024 as mortgage delinquency rates continued to climb in highly-priced housing markets like Ontario and British Columbia, and missed payments on non-mortgage debt returned to pre-pandemic levels. “These are challenging economic conditions and as financial stress increases we are seeing consumers adapting their credit decisions to help manage through this period,” said Rebecca Oakes, Vice President of Advanced Analytics at Equifax Canada . “Many are extending their mortgage length to reduce their payments and mitigate the impact of payment shocks, despite the penalty of longer loan commitment terms. People are also seeking better deals and rates, leading to relatively more
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EFX
News
- Equifax Introduces Secondary Education Diploma Verification Solution for Employers [Yahoo! Finance]Yahoo! Finance
- Equifax Introduces Secondary Education Diploma Verification Solution for EmployersPR Newswire
- Canadian businesses missing payments as debt burden grows [Yahoo! Finance Canada]Yahoo! Finance Canada
- Canadian business installment loans up 74% in a year, delinquencies rising [Wealth Professional (Canada)]Wealth Professional
- Equifax Canada reports rise in delinquency, debts amidst rate cut optimism [BNN Bloomberg (Canada)]BNN Bloomberg
EFX
Earnings
- 4/17/24 - Beat
EFX
Sec Filings
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- EFX's page on the SEC website