The Guardian (Charlottetown) - - FRONT PAGE -

On av­er­age, Cana­di­ans’ abil­ity to pay back loans has never been bet­ter, ac­cord­ing to Equifax Canada’s Q3 2015 na­tional con­sumer credit trends re­port. The re­port now pegs the 90+ delin­quency rate (ex­clud­ing mort­gages) at its low­est level ever at 1.05 per cent, a de­crease of 4.3 per cent when com­pared to the same quar­ter last year. In P.E.I., the av­er­age house­hold debt (ex­clud­ing mort­gages) is $21,059, down 6.9 per cent from last year.

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