Equifax has announced the launch of its ClearPro platform, designed to ensure consumer trust by providing mortgage brokers, principal brokers, and broker owners with the tools to identify indicators of fraud within their businesses….
Tag: Equifax
Equifax reveals what’s happening with consumer debt in Canada
While Canada’s overall consumer debt climbed to $2.07 trillion in Q4 2020 (up 4.1% annually) due to increased mortgage activity, per capita consumer debt actually declined amid reduced spending activity, according to Equifax….
Equifax: Housing market growth responsible for Canadians’ swelling consumer debt
Sustained housing market growth, among other factors, pushed total consumer debt up by 3.8% annually to $2.041 trillion during the third quarter, according to a new report by Equifax Canada. On average,…