Debt stress is real and pervasive, leaving many feeling like they're drowning in debt and depression. With a staggering 73% of Canadian households dealing with some form of debt and the cost of living continuing to rise, the pressure of managing debt can negatively impact the well-being of an entire house hold
Where does most of this debt come from?
Three-fourths (75%) of people point to credit cards as the main reason they’re in debt. Personal loans are not far behind, with 68% of respondents citing them as a big source of what they owe.
where do we go from here?
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