EPISODE · Jul 10, 2025 · 10 MIN
Top Credit Mistakes Canadians Are Making Right Now
from Make Money Count · host Cannect Inc.
In this episode of Make Money Count, Marcus and Justin dive into the latest Equifax report that shows credit delinquencies have hit their highest levels since 2009. Did you know 1 in 22 Canadians missed a payment in Q1 2024? Mortgage delinquencies are up 71% year over year. Cities like Toronto and Ottawa are seeing double-digit spikes in missed payments. We break it all down—what it means for you, how to fix your credit fast, and why now might be a great time to refinance your mortgage if you play your cards right.
What this episode covers
In this episode of Make Money Count, Marcus and Justin dive into the latest Equifax report that shows credit delinquencies have hit their highest levels since 2009. Did you know 1 in 22 Canadians missed a payment in Q1 2024? Mortgage delinquencies are up 71% year over year. Cities like Toronto and Ottawa are seeing double-digit spikes in missed payments. We break it all down—what it means for you, how to fix your credit fast, and why now might be a great time to refinance your mortgage if you play your cards right.
NOW PLAYING
Top Credit Mistakes Canadians Are Making Right Now
No transcript for this episode yet
Similar Episodes
Apr 29, 2025 ·12m
Apr 27, 2025 ·11m
Apr 24, 2025 ·11m
Apr 22, 2025 ·14m