Consumer Pulse Q2 2023

Macroeconomic pressures were top of mind for Canadians as concerns  about inflation and rising interest rates affected consumer behaviour.  Demand for more credit was lower and focus on building savings was higher.

Canadians remained concerned about debt — especially taking on additional credit.  They struggled to service existing debt; payments on credit cards and personal loans were reported as most prevalent. More consumers were unsure how they’ll make future payments.

Related Insights and Events

If you’re a consumer with questions or issues related to your personal credit report, disputes, fraud, identity theft or credit monitoring services, please visit our https://secure-ocs.transunion.ca/secureocs/home.html.

Disclaimer: Please note that consumer responses submitted through this form will not be actioned.

Contact Us

We're sorry, your request failed. Please try again in a little while.