About one in 19 Canadians without a mortgage missed at least one credit payment, compared with one in 37 homeowners, the report said. Photo by BLOOMBERG FILES

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.

TORONTO — There’s a deepening divide among consumers, even as the rate of missed credit payments dipped, a new Equifax Canada report shows.

It shows 1.4 million Canadians missed a credit payment in the second quarter. While that’s up by 118,000 compared with the same time last year, it’s down slightly from the first quarter.

Rebecca Oakes, vice-president of advanced analytics at Equifax Canada, said it’s “a bit of good news” to see the delinquency rate lev

See Full Page