Mortgage debt increased by 11%1 to $201,000 last year and more than half (52%) of Canadian mortgage holders lack the financial flexibility to quickly adjust to unexpected costs, per a new Manulife Bank of Canada survey. This despite 78% of Canadians having made debt freedom a top priority. The problem is most acute among Millennials, […]
As the UK General Election approaches, all the major political parties have made their traditional bid for votes via the publication of their manifestos. Given the enormous contribution that SMEs make to the UK economy, it’s no surprise that parties of all colours have announced polices that aim to court the good opinion of SMEs. […]
Last week, it was revealed that the car finance industry is the latest to reportedly be lending irresponsibly. Here Wagonex explains to Finance Monthly why and how this sheds light on fresh emerging opportunities for business fleets and employee benefits. Car finance has seen the fastest expansion of consumer credit, followed closely by personal loans […]
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