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Canada a leader for credit cards
As worries build about U.S. consumer debt levels, analysts at Toronto-based rating agency DBRS say Canadians use fewer credit cards than their American counterparts and pay back more of their balances each month.
That makes the domestic credit card market very stable by almost any measure, they said at a briefing Thursday.
http://www.canada.com/calgaryherald/news/c...21-feab17e5260b
As worries build about U.S. consumer debt levels, analysts at Toronto-based rating agency DBRS say Canadians use fewer credit cards than their American counterparts and pay back more of their balances each month.
That makes the domestic credit card market very stable by almost any measure, they said at a briefing Thursday.
http://www.canada.com/calgaryherald/news/c...21-feab17e5260b