Most Canadian households are shying away from new credit, as higher interest rates lower incentive. Though there remains an exception, according to new data from TransUnion. The credit reporting giant found that new account growth for every type of credit fell in 2022, with credit cards being the exception. That trend may be problematic when […]
The post Canadians Are Applying For Credit Cards Not Mortgages, Subprime Growth Surges appeared first on Better Dwelling.