credit reports

Credit Card Spending Ramps Up as Inflation Soars

TORONTO, June 02, 2022 (GLOBE NEWSWIRE) — Consumer reliance on credit cards is increasing, with the average monthly spend per credit card consumer climbing by 17.5 per cent in Q1 2022 compared to the lows of Q1 2021, according to Equifax Canada’s most recent Market Pulse consumer credit trends and insights report. Ontario saw the …

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Most Medical Debt May Soon Vanish From Credit Reports | Credit Cards

The three major credit bureaus announced a reprieve for those struggling with medical debt. Starting July 1, new and already-paid medical debt will be removed from consumer credit reports. What Medical Debt Will Come Off Your Credit Report? These types of medical collections won’t be on your credit report by this summer. Medical collection accounts …

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