Pattie Lovett-Reid: Buy now, pay later? Dont do it!

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Low rates and rising costs are leading more Canadians to take on more debt.

The latest MNP Consumer Debt Index report has found that borrowing intentions are on the rise, as many Canadians simply seek to make ends meet, and that borrowing has taken on a riskier tone as consumers look to finance their purchasing habits over the next few months.

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Original Article Source Credits: CTVNEWS,

Article Written By: Patricia Lovett-Reid

Original Article Posted on: Oct. 4, 2021

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