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0.000417519101498989 0.000417519101498989 8.35038202998214E-05 0.000668030562398334 -0.00018788359567445 0.0067638094442821 0.0103962256273225 0.00922717214312558
Stock impact report

Six numbers that show how debt grinds people down [Globe and Mail, The (Toronto, Canada)]

Equifax, Inc. (EFX) 
Last equifax, inc. earnings: 4/20 05:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.equifax.com
Example: consumer debt hit $2.5-trillion at the end of the first quarter of 2024, according to the latest credit trends report from Equifax Canada. Yup, that's a lot of debt. But what does it mean to individual households with mortgages and other types of debt? Here are some numbers in the Equifax report that tell the story: The approximate number of people who missed a payment on a mortgage in the first quarter, up 22.7 per cent from a year earlier. $1-billion: The total balance of mortgages in severe delinquency – 90 days or more without payment – crossed this threshold in the first quarter for the first time in Ontario. That's double the pre-pandemic level. Almost 9 per cent of people renewing a mortgage in the first quarter of this year saw their monthly payments rise by this much. 1.26-million: The number of people who missed at least one payment on some type of credit in the first quarter. The average non-mortgage debt in the first quarter of this year. Up just 1.8 Show less Read more
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