Thursday, October 25, 2012

Spending 40% Of Income To Service Debt = Trouble

Click Image To Read Exclusive Toronto Sun article

Carney Warns About Dangers Of Too Much Debt

In an exclusive Toronto Sun article, Bank of Canada governor Mark Carney says that some Canadians need to quit maxing out the credit card.

One of the many points made is the difficulty people will find themselves in when these "emergency levels" of ultra-low interest rates begin to go up, as they most assuredly will.

allvoices

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