More Canadians relying on credit for everyday essentials, says report [Financial Post (Toronto, Ontario, Canada)]
Equifax, Inc. (EFX)
Last equifax, inc. earnings: 4/20 05:24 pm
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Source: Financial Post
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. With the higher cost of living , more Canadians are relying on credit for everyday purchases and becoming saddled with more debt than ever before. NerdWallet Canada's 2024 Canadian Consumer Credit Card Report found 69 per cent of Canadian adults used credit for essential purchases in the past year, with 31 per cent of respondents indicating they don't pay off their full credit card bill each month. Article content Additionally, more than half of respondents say they have credit card debt , with 51 per cent indicating it will take at least six months to pay off. The higher cost of living also emerged as the top factor among the 53 per cent of Canadians whose credit card habits changed in the past year, with other major causes being unexpected big purchases, change in employment and higher housing costs.
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EFX
News
- Business owners increasingly worried about Canada's fraud epidemic [Wealth Professional (Canada)]Wealth Professional
- ID theft and false credit applications drive 54% surge in auto fraud, Equifax Canada report finds [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- ID theft and false credit applications drive 54% surge in auto fraud: Equifax Canada [Financial Post (Toronto, Ontario, Canada)]Financial Post
- ID theft and false credit applications drive 54% surge in auto fraud: Equifax Canada [Yahoo! Finance Canada]Yahoo! Finance Canada
- Equifax Canada Reports Rise in Automotive Fraud [Financial Post (Toronto, Ontario, Canada)]Financial Post
EFX
Earnings
- 7/17/24 - Beat
EFX
Sec Filings
- 8/29/24 - Form 4
- 8/28/24 - Form 144
- 8/15/24 - Form 8-K
- EFX's page on the SEC website