{"id":2399,"date":"2014-12-03T12:34:39","date_gmt":"2014-12-03T17:34:39","guid":{"rendered":"http:\/\/olduvai.ca\/?p=2399"},"modified":"2014-12-03T12:34:39","modified_gmt":"2014-12-03T17:34:39","slug":"canadians-non-mortgage-debt-jumps-to-1-5-trillion-as-car-loans-lead-the-way","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=2399","title":{"rendered":"Canadians&#8217; Non-Mortgage Debt Jumps To $1.5 Trillion As Car Loans Lead The Way"},"content":{"rendered":"<p><a href=\"http:\/\/www.huffingtonpost.ca\/2014\/12\/03\/consumer-debt-canada-auto-loans-credit-cards_n_6260842.html\">Canadians&#8217; Non-Mortgage Debt Jumps To $1.5 Trillion As Car Loans Lead The Way<\/a>.<\/p>\n<p style=\"box-sizing: border-box; direction: ltr; font-family: inherit; font-weight: normal; font-size: 1em; line-height: 1.6; text-rendering: optimizelegibility; vertical-align: baseline; font: normal normal normal 15px\/21px Georgia, Century, Times, serif; color: #333333; padding: 0px; margin: 0px 0px 15px 0px; border: 0px initial initial;\">TORONTO &#8212; Canadians continue to pile on debt and now collectively owe more than $1.5 trillion excluding mortgages, according to the latest figures from Equifax Canada.<\/p>\n<p style=\"box-sizing: border-box; direction: ltr; font-family: inherit; font-weight: normal; font-size: 1em; line-height: 1.6; text-rendering: optimizelegibility; vertical-align: baseline; font: normal normal normal 15px\/21px Georgia, Century, Times, serif; color: #333333; padding: 0px; margin: 0px 0px 15px 0px; border: 0px initial initial;\">The consumer credit rating agency says the level at the end of the third quarter was up 7.4 per cent from $1.409 trillion a year ago, with non-mortgage debt held by Canadians now standing at an average of $20,891.<\/p>\n<p style=\"box-sizing: border-box; direction: ltr; font-family: inherit; font-weight: normal; font-size: 1em; line-height: 1.6; text-rendering: optimizelegibility; vertical-align: baseline; font: normal normal normal 15px\/21px Georgia, Century, Times, serif; color: #333333; padding: 0px; margin: 0px 0px 15px 0px; border: 0px initial initial;\">The auto loan and installment loan sectors showed the most significant increases, at 6.8 and 5.8 per cent year-over-year respectively.<\/p>\n<p><span class=\"Apple-style-span\" style=\"color: #222222; font-family: Georgia, Century, Times, serif; font-size: 15px; line-height: 21px;\"><\/span><span class=\"Apple-style-span\" style=\"font-family: Georgia, Century, Times, serif; font-size: 15px; line-height: 21px;\">&#8220;Following a frenzied start to the festive shopping season with more to come in the countdown to Christmas, we can expect the consumer debt to rise even further,&#8221; said Regina Malina, senior director of decision insights at Equifax Canada.<\/span><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadians&#8217; Non-Mortgage Debt Jumps To $1.5 Trillion As Car Loans Lead The Way. TORONTO &#8212; Canadians continue to pile on debt and now collectively owe more than $1.5 trillion excluding mortgages, according to the latest figures from Equifax Canada. The consumer credit rating agency says the level at the end of the third quarter was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[103,1604,1605,195],"class_list":["post-2399","post","type-post","status-publish","format-standard","hentry","category-economics","tag-canada","tag-canadian-consumer-debt","tag-consumer-credit","tag-debt"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2399"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2399\/revisions"}],"predecessor-version":[{"id":2400,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2399\/revisions\/2400"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}