Paying Down Debt Top Priority For Canadians: CIBC Poll I can help you refinance your mortgage to consolidate your high interest rate debts, reduce your monthly cash outflow, so that you just make one mortgage payment per month. You may have built up your credit card and unsecured personal loans, unsecured personal line of credit after the holidays shopping. ----- ----- ----- TORONTO -- A new poll suggests that paying down debt is the biggest financial priority for Canadians in 2015. It is the fifth year in a row that debt repayment came out as the top concern in the annual survey by CIBC. 22% of those recently polled said paying down debt was their top priority in the new year; followed by building savings (12%); paying bills or getting by (10%); managing day-to-day spending or budgeting (9%) and retirement planning (5%). Household debt climbs to 162.6% of disposable income: StatsCan
Posted on: Sat, 03 Jan 2015 23:24:13 +0000
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