New Study Determines Canadians' Poor Credit is Impacting our Nation’s Mental Health | Refresh Financial

New Study Determines Canadians' Poor Credit is Impacting our Nation’s Mental Health

November 21, 2018

Refresh Financial has commissioned Leger, the largest Canadian-owned polling, research and strategic marketing firm, to conduct a survey of Canadians from across the country in order to gain a national perspective on people’s understanding of credit in Canada.

The complete study reveals that anxiety, fear, depression and hopelessness is keeping more than a quarter of Canadians from investigating their credit score. The study found that while 96% of Canadians believe a good credit score is important, only 41% actually know their score.

It was revealed 23% of Canadians are feeling more stressed about their credit score than a year ago and that 75% of people with a credit score below 700 believe their score is holding them back from the ability to make important life choices. The study found that negative emotions related to poor credit increase steadily as annual household income drops.

Download News Release here:

Refresh Financial News Release November 2018 - Credit in Canada Cision


For further information: Refresh Financial Inc., Mike Penninga, Public Relations, 230-1628 Dickson Ave, Kelowna, BC V1Y 9X1, Media@refreshfinancial.ca

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