Canadians paying $1K/yr in credit card interest could use these funds to build $30,000 in RRSP savings instead Article sources [Yahoo! Finance Canada]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: Yahoo! Finance Canada
According to TransUnion's Credit Industry Insights Report, the average credit card debt per borrower reached just over $4,680 (1). At a standard rate of 20.99% — the posted rate on most major Canadian cards — that balance generates just over $980 in interest charges every year. This amount doesn't reflect emergency spending or missed payments — just the cost of carrying the average balance, month after month. While $980 might not feel catastrophic on its own, the math showing what impact it could have on your future finances is startling. If that money was redirected into a Registered Retirement Savings Plan (RRSP), after 15 years, those earnings could exceed $30,000. (Figures are illustrative; a financial adviser can model your specific situation.) This is the retirement math that credit card statements don't show. Don't Miss Stop the leak: every single month. How many are sabotaging your 2026 budget? This 7-step plan from Dave Ramsey is designed to help you ditch debt, save
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News
- What is credit history, and why does it matter? [Yahoo! Finance]Yahoo! Finance
- You don't need an SSN to open a credit card: Scammers know that [FOX News]FOX News
- TransUnion (TRU) was downgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=TRU&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from "buy" to "holdMarketBeat
- ASC Ortho Management Company, LLC d/b/a Aligned Orthopedic Partners Provides Notice Following Data Security Incident [Yahoo! Finance]Yahoo! Finance
- Beware AI scammers [USA TODAY]USA TODAY
TRU
Earnings
- 2/12/26 - Beat
TRU
Sec Filings
- 4/21/26 - Form 144
- 4/6/26 - Form 4
- 4/2/26 - Form 4
- TRU's page on the SEC website