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Mortgage Broker News | 11 Feb 2015, 06:40 AM Agree 0
A poll by the Bank of Montreal found that 46 per cent of Canadians who hold a credit card have debt on the account.
  • abe | 11 Feb 2015, 11:29 AM Agree 0
    And TD has pick this little observation as another profit opportunity, by increasing a cards interest if the card holder is late on one payment , their interest will increase by 4% for the next 12 months
  • Mortgage Guy Geoff | 11 Feb 2015, 12:32 PM Agree 0
    And yet its mortgage debt levels - secured debt - that is dangerous and must be curtailed??? How many more examples of this do we need before the powers that be recognize the banks have been using them to make the more competitive, less profitable mortgage market more difficult while leaving the highly profitable and much less competitive consumer credit market alone. Yikes.
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