Sentences with phrase «sources on consumer debt»

At that time, the main data sources on consumer debt consisted of loan - level data sets on specific categories of loans, such as mortgages, as well as aggregated data on household sector debt from the Board of Governors» Flow of Funds statistical release.

Not exact matches

But until more data sources providing nonbank payment information become part of traditional credit score calculations, consumers will continue to pay their debts on time without an opportunity to increase their scores.

In 2011, the average interest rate for existing credit cards that carried a balance was around 15 % (source: Federal Reserve report on consumer debt).

Whether you have completed a bankruptcy or consumer proposal and you are on your way to a fresh start, or you are currently dealing with your debt, your credit report can be a source of help.

Note: When qualifying for a mortgage on a second home the lender will use all sources of your income and all consumer debts (loans, credit card payments) and monthly obligations for housing such as property taxes, mortgage payments on any properties and strata fees (if applicable).