How Much Debt Can We Handle?
Part 1
Trans Union, one of the largest Credit Reporting Agencies in Canada, released a report this week informing the public that debt levels are rising, but we are managing okay. Sounds good, but, what does it mean?
The short answer: I don’t know.
How much debt people can handle, manage, or afford is really quite complex. Is it $25,000? $50,000? $100,000?
