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Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
Latest Stats Articles
What Is The Average Income In Canada?
By Lisa Rennie
Published on July 5, 2023
Is your income enough to cover the cost of living in Canada’s most expensive cities? Does it pay for the necessities in life while leaving enoug...
75% Of Canadians Did Not Pass This Canadian Citizenship Test: Could You?
By Stefani Balinsky
Published on June 27, 2023
Can you pass the Canadian Citizenship Test; a requirement for Canadian naturalization. Take the test and find out!
Women Are Better At Finances Than Men; Men Know It, Too: New Survey Results
By Stefani Balinsky
Published on March 7, 2023
When it comes to finances, women trust women while men trust men or mom! Check out this study on how women are financial superstars.
Alternative Lending Study: The Borrowing Experience in 2021
By Priyanka Correia, BComm
Published on August 5, 2021
Check out Loans Canada's 2021 study on the experience the average Canadian borrower has when dealing with the alternative lending industry.
Alternative Lending Study: The Borrowing Experience In 2020
By Priyanka Correia, BComm
Published on September 8, 2020
Check out Loans Canada's study on the average experience of a borrower in the alternative lending industry and the challenges they face.
COVID-19 Study: Vulnerable Canadians Falling Through The Cracks
By Priyanka Correia, BComm
Published on April 28, 2020
A survey reveals the financial struggles and lack of financial support many vulnerable Canadians are facing amid the ever-growing COVID-19 pandemic.
Canadians Affected By COVID-19 More Vulnerable To Predatory Payday Lenders
By Priyanka Correia, BComm
Published on April 17, 2020
As more and more Canadians lose their income due to COVID-19, many will start to panic about their bills and thus rely on dangerous payday loans.
49% Of Canadians On The Brink Of Insolvency
By Veronica Ott
Published on April 9, 2020
As Canadians experience more and more financial stress more and more consumers on the brink of insolvency and struggling to manage their debt loads.
Statistics On Credit Card Trends In Canada
By Priyanka Correia, BComm
Published on March 20, 2020
As more and more Canadians opt for credit cards over cash due to speed, convenience and extra perks, we turn more into a cashless society.
Is Drunk Shopping Affecting Your Personal Finances?
By Priyanka Correia, BComm
Published on March 19, 2020
Ever shopped while you were drunk? Well, you're not alone, 1 in 3 Canadians have purchased something while under the influence. Read more to find out ...
Most Recent Consumer Insolvency Rates
By Priyanka Correia, BComm
Published on March 3, 2020
Understanding your province’s insolvency rate can help you understand its economic health and hopefully lead you to make better financial decisions.
Annual Consumer Insolvency Rates By Province 2010-2018
By Priyanka Correia, BComm
Published on February 25, 2020
Loans Canada studies insolvency trends amongst the provinces for the years 2010 - 2018. Insights show a change in bankruptcy and consumer proposals cl...
