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AVERAGE PERSONAL DEBT AT NEARLY $16,000

A RECENT ARTICLE IN MSN MONEY SHOWS THAT AS MANY AS THREE-QUARTERS OF CANADIANS RECENTLY POLLED SAY THEY ARE IN DEBT AND OWE AN AVERAGE AMOUNT OF NEARLY $16,000 ACCORDING TO A NEW SURVEY.  THE AVERAGE PERSONAL DEBT LOAD, WHICH DOESN’T INCLUDE A MORTGAGE, JUMPED BY $2,779 TO $15,920 THIS YEAR COMPARED WITH LAST YEAR, SAYS RBC’S ANNUAL DEBT POLL RELEASED ON TUESDAY.

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