Many rely on loans and credit cards to pay for life’s milestones
Deleveraging will likely happen in 2015 when interest rates rise, economist tells CIFPs annual conference
The ability of analysts to estimate principal payments by mortgage holders to banks has improved
Evidence of household restraint has economists optimistic about the prospect of a soft landing for housing markets
Discussing debt when clients would rather not talk about it
Survey suggests banks will experience a slowdown in lending growth over the next 12 months
A new report finds that a combination of house price declines and a run-up in leverage explains the severity of contractions
BoC governor has spoken to bankers directly about curbing their lending practices
Behavioural economists have devised techniques to help clients stick to their financial plans. Clients with vivid images of their retirement commit to more ambitious savings programs
Applying the brakes could disrupt other sectors of the economy