Millennials are doing most of the borrowing as Canadian consumer debt rapidly heads towards the $2-trillion mark. But what if you had to pass a test prove you could afford to borrow in the first place? The idea could save us from ourselves.
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closed in 2021.
Spending 'Stress' Test Could Help Canada's Millennials Rein In Debt
Spreading it from mortgages to credit cards and loans could be a good thing.
This article exists as part of the online archive for HuffPost Canada.
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