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 levelling off.

"We're starting to finally see that stabilize a little bit," she said in an interview with The Canadian Press.

"The less good news, though, is that below that high level number, we're still seeing this financial gap widening for some groups of consumers," she added, particularly between homeowners and non-homeowners.

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