Debt

Campbell River city council will continue its 2020 policy of waiving late fees and NSFs. (Mirror File photo)

53% of Canadians teetering the brink of insolvency: survey

A majority of Canadians admit they’re just $200 away from not being able to pay their monthly bills

 

Businesses are getting creative to keep cash flowing. (File photo)

Expect debt collections activity to pick up as economy reopens: experts

Credit Canada and Equifax both say there are already signs of increasing credit delinquencies

 

Seek help early if you are struggling with debt as deferrals end, experts say

Many don’t know where to look for help if they are struggling with debt

 

Canadians taking steps to avoid credit card debt, despite economic pressure

People are opting to dip into savings or retirement funds rather than relying on credit cards