Infographic: Is Consumer Debt a Coming Storm of Trouble?

The CBC released a new study in August that shows consumer debt levels are continuing to rise in spite of the fact that a growing number of Canadian families are almost completely tapped out. Given that the average Canadian family owes roughly $1.62 for every dollar of income earned, how can we possibly get ahead if we continue to borrow at this pace?

If you’re concerned that unsustainable debt is building to a severe financial storm over the horizon, Consolidated Credit can help you take steps to make sure you’re prepared to make it through successfully. Call Consolidated Credit today at 1-888-294-3130 to get a free debt and budget evaluation from a trained credit counsellor or take the first step online with a request for a Free Debt Analysis.

Press Inquiries

[email protected]
1-800-656-4120 x 1064