👉A TransUnion report reveals an increase in Canadians paying only the minimum on their credit cards, up to 1.3% from last year, due to rising living costs and higher interest rates. Matthew Fabian of TransUnion Canada highlights that inflation is pushing more people, including millennials and Gen Z, to rely on credit cards and personal loans. The report shows total consumer debt at $2.38 trillion in Q1 2024, slightly down from a record $2.4 trillion in Q4 2023. The number of Canadians with credit products rose 3.75%, driven mainly by newcomers, with millennials holding the largest debt share and Gen Z's debt surging 30%.✅ . 𝐁𝐞𝐬𝐭 𝐈𝐧𝐝𝐢𝐚-𝐂𝐚𝐧𝐚𝐝𝐚 𝐟𝐥𝐢𝐠𝐡𝐭 𝐝𝐞𝐚𝐥𝐬 𝐚𝐰𝐚𝐢𝐭! 𝐑𝐚𝐡𝐦𝐚𝐧 𝐓𝐫𝐚𝐯𝐞𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 (𝟔𝟒𝟕) 𝟖𝟖𝟗-𝟐𝟕𝟕𝟔, 𝟗𝟎𝟓-𝟒𝟏𝟐-𝟐𝟕𝟖𝟕 𝐬𝐚𝐥𝐞𝐬@𝐫𝐚𝐡𝐦𝐚𝐧𝐭𝐫𝐚𝐯𝐞𝐥𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.𝐜𝐨𝐦 @rahmantravelservices . . #CreditCardDebt #TransUnionReport #CanadianEconomy #InflationImpact #MillennialDebt #GenZDebt #ConsumerDebt #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Stores capitalize on last-minute Valentine's Day shoppers, pricing special-edition candies at a premium to clear out remaining stock. Procrastinating romantics may be in for a bitter surprise as prices of themed candies like Sour Patch Kids and Haribo are significantly higher than their regular counterparts. Veronica Fletcher, co-founder of Pantry and Larder, discovered the marked price difference. For instance, a Valentine's heart-shaped box of Sour Patch Kids costs $3.96, compared to $1.24 for the regular version. Retailers, including Walmart, are investigating these discrepancies. Consumer advocates express concern, questioning whether this is an exploitation of consumer expectations amid inflation.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #ValentinesDayCandy #LastMinuteShopping #PriceDiscrepancy #ConsumerConcerns #RetailPricing #ProcrastinatingRomantics #InflationImpact #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉A recent report predicts a continued rise in car insurance premiums for 2024, attributing the increase to inflation and a surge in auto thefts. Ratesdotca's 2024 auto outlook reveals that Ontario has already approved rate hikes for around two dozen insurers in the first quarter, with some seeing up to a 25% spike. Daniel Ivans, Ratesdotca's insurance expert, highlights the unusual pace of these increases. The average annual premium in the Greater Toronto Area (GTA) is currently $2,391, and a 25% rise could result in an additional $600 annually for drivers.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #CarInsuranceCosts #InsurancePremiums #AutoThefts #InflationImpact #OntarioInsurance #ConsumerProtection #InsuranceReform #mnm #malayalisnearmeapp #canadaupdate #canadanews