👉A recent survey by Equifax Canada indicates that younger Canadians are experiencing greater stress over personal debt and are more prone to missing bill payments in comparison to the general population. The survey, conducted in September, shows that 36 per cent of young adults have reported missing a bill payment this year, while 52 per cent of those aged 18 to 34 express anxiety about their personal debt, as opposed to 39 per cent among all age groups. Housing concerns also prevail, with three in 10 respondents stating they've sought additional income to cover rising mortgage or rent expenses. Furthermore, almost 20 per cent of respondents find themselves in precarious financial situations, possibly necessitating a move due to affordability issues. Younger Canadians, in particular, are exploring second or third jobs and 'side hustles' to fulfil their financial obligations.✅ . . #PersonalDebt #CreditReport #CreditMonitoring #CreditScore #DebtManagement #ConsumerFinance #CreditReport #mnm #malayalisnearmeapp #canadaupdate #canadanews