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Credit card debt in Canada If your latest credit card statement dampened your seasonal joy, you’re not alone. According to TransUnionBy 2025, consumer credit card debt rose 1.95% year over year, with even bigger jumps for mortgages, lines of credit and auto loans. Wealth simple reports that Canadians have an average of $4,787 in credit […]
Play around with our credit card interest calculator to calculate credit card interest and find out how long it will take to pay off the debt. This tool will help you develop a plan to tackle your balance and avoid paying interest in the future. How to use the credit card interest calculator Our credit […]
