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28.05.2021 / 19:49

Retail sales soar by 90% on annual basis in April - CSO

The volume of retail sales rose by an historic 90.1% on an annual basis in April, the latest Central Statistics Office show.

business credit cards Coronavirus

1 in 4 credit card users couldn’t make payments in May, June: survey

pandemic were generally less satisfied with their credit-card companies. Coronavirus: Financial planner says pandemic shows importance of saving money John Cabell, director of banking and payments intelligence at J.D.

credit cards Coronavirus

Many Canadians will turn to debt when government benefits run out, survey suggests

Household debt ratio drops to 158% of disposable income, down from 175% The survey, which was commissioned by insolvency firm MNP Ltd. earlier this month, found that among respondents currently receiving benefits due to the coronavirus pandemic, 45 per cent will take on more debt in the event that financial support ends.“That’s a pretty startling figure,” MNP President Grant Bazian said in an interview.Twenty-one per cent said they would use credit cards, and eight per cent said they would rely on payday lenders.

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Would-be passengers get around airline refund policies via credit card chargebacks

Lucky Paras didn’t have to live up to his name to get his money back from an airline. He just approached the problem from a different angle.

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Coronavirus: Canadian banks offer reduced credit card interest rates

Several of Canada’s largest banks are offering reduced interest rates on personal credit cards for Canadians in financial hardship due to the COVID-19 pandemic.

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Coronavirus: Have one of these credit cards? Your rate increase is on hold

Planned interest and fee increases on a number of major Canadian credit cards are now on pause amid the coronavirus pandemic.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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