The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Be sure to subscribe to the Rewards Canada News email newsletter so that you don't miss out on any loyalty program news and offers! You can subscribe to the ne.... More »
RWRDS Daily Update – May 18, 2023 + MORE May 18th
The Rogers Connections Mastercard revamp is now live and a New Amex Offers statement credit for truLOCAL plus This week in RWRDS. Check out today's points & miles updates here:
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Earn up to 200 bonus WestJet dollars when flying on select WestJet flights across Canada + MORE Feb 27th
WestJet is looking to reward its members with some really healthy bonuses for flying on many of their longer haul flights across our country this spring! Simply register and book by March 31st and you'll be eligible to earn the bonuses on flights until May 31st. If you have an itinerary that connect.... More »
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The best GIC rates in Canada for 2026 Feb 23rd
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Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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More than a third of Americans reported to collection agencies for unpaid bills and debts
– canadianbusiness.com
WASHINGTON – A study by the Urban Institute shows that more than 35 per cent of Americans have debts and unpaid bills that have been reported to collection agencies.
These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student debt pile up, unpaid. Even past-due gym membership fees or cellphone contracts can end up with a collection agency, potentially hurting credit scores and job prospects.
The study by the Washington-based think-tank released Tuesday points to a disturbing trend: The share of Americans in collections has remained relatively constant, even as the country as a whole has whittled down the size of its credit card debt since the official end of the Great Recession in the middle of 2009.
The post More than a third of Americans reported to collection agencies for unpaid bills and debts appeared first on Canadian Business.
These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student debt pile up, unpaid. Even past-due gym membership fees or cellphone contracts can end up with a collection agency, potentially hurting credit scores and job prospects.
The study by the Washington-based think-tank released Tuesday points to a disturbing trend: The share of Americans in collections has remained relatively constant, even as the country as a whole has whittled down the size of its credit card debt since the official end of the Great Recession in the middle of 2009.
The post More than a third of Americans reported to collection agencies for unpaid bills and debts appeared first on Canadian Business.
