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Credit card debt hit all time high in Q2 as inflation bites: Equifax - National

Equifax Canada says many Canadians are slowing down their credit card spending, but lower-income households are having a harder time curbing spending.

Credit card debt hit all time high in Q2 as inflation bites: Equifax

Equifax Canada says many Canadians are slowing down their credit card spending, but lower-income households are having a harder time curbing spending.

Canadian Credit Card Rules Change Thursday & You Could Get Hit With New Charges

Canadian retailers will be allowed to pass 'swipe' fees onto customers as of October 6. That means you could start seeing a 1-3% added charge, plus tax, on some bills if you decide to pay them with a credit card.

Paying By Credit Card In Canada Is About To Cost You More & Here s Everything You Need To Know

Credit card companies in Canada are now giving businesses the option to add a surcharge to purchases, which means you could start paying more when you use your credit card. Following a class action lawsuit, credit card companies Visa and Mastercard must now provide businesses with the option to pass the 1 to 3.5% merchant charge down to customers.

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