Consumers Turning to Credit Cards and Payday Loans to Cover Costs of Living, with Debt-Stress Impacting Mental Health, Self-Esteem & More – 10th Annual BC Consumer Debt Study Credit card debt a problem for nearly 3 in 5 individuals polled in the 2022 BC Consumer Debt Study, and worrying high-cost payday loan use is on the rise. Most troubling - almost 4 in 5 people said...

Costs of Living, Credit Cards & COVID-19 – Latest BC Consumer Debt Study Highlights Consumer Debt Problems, Debt Impacts on Mental Health and More Credit card debt cited five times more than other types of problem debt; using credit for essential costs of living the main cause of debt reported by 18% of insolvent consumers, and more than 3 in 4...

Credit Card Debt and COVID-19 Pandemic Pushing BC Bankruptcies and Proposals – Revealing New Debt Study Goes Beyond the Numbers VANCOUVER, British Columbia, Jan. 11, 2021 (GLOBE NEWSWIRE) --  Sands & Associates, BC’s largest firm of Licensed Insolvency Trustees serving individuals and small businesses, released the...

Credit Card Debt Driving Insolvencies – Even for Consumers with Full-Time Employment and Good Credit Scores VANCOUVER, British Columbia, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Working full-time and hold a good credit score? That might not be enough to keep a debt problem from setting in. A new BC debt study...