Month: February 2013

Consumer Delinquency Trends and our Sleep-Premium Theory

Equifax Canada reported in late January that Canadians are paying off their debts faster with accounts more than 3 months in arrears dropping to an all-time record low. Delinquencies greater than 90 days were down to 1.19 percent in the fourth quarter of 2012 versus 1.22 percent in the third quarter. Delinquency rates as a…

read more