Credit card debt tends to cause problems for consumers because the bill requirements increase right alongside rising debt levels. (nfdm.org)
But are rising debt levels necessarily a bad thing? (getoutofdebt.org)
Despite rising debt levels and increasing home prices, Canadians continue to allocate less income toward paying off debt, according to the Canadian Household Financial Health and Consumer Credit Q1 2015 report [paywall] recently published by credit rating agency DBRS. (canadianbusiness.com)