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Increasing Canadian Consumer Debt Pushes Borrowing Limits

Increasing Canadian Consumer Debt Pushes Borrowing Limits Lending growth could slow until borrowers catch up on their payments. Consumer household debt is increasing in Canada and policymakers say the trend could slow lending growth in 2014, according to a recent Canadian Press article.  Interest rates on loans have been low in Canada for years, causing consumers there to borrow at record amounts.......

USA: Student Loan Debt Levels Surpass Other Consumer Borrowing

Student Loan Debt Levels Surpass Other Consumer Borrowing Federal Reserve seeks to provide more data about national trend. Economists with the New York Federal Reserve are monitoring student loan debt trends as the amount of money people owe for their education continues to grow, according to a recentMoneynews article. The Fed economists are researching the trends to determine if high student......