Chart 1
Financial distress indicators among families with debt, by category of debt-to-asset ratio, 2016

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Non-mortgage payment skipped or delayed in the past twelve months Mortgage payment skipped or delayed in the past twelve months Payday loan used in past three years 0 5 10 15 20 debt-to-asset ratio (%) 0.25 or less0.25 or less Above 0.25 but below or equal to 0.50Above 0.25 but below or equal to 0.50 Above 0.50Above 0.50
Note(s):
The results on mortgage payments are based on families with a mortgage debt.
Source(s):
Survey of Financial Security, 2016.

Chart description


This is a bar clustered chart.

Financial distress indicators among families with debt, by category of debt-to-asset ratio, 2016, debt-to-asset ratio (%)
  0.25 or less Above 0.25 but below or equal to 0.50 Above 0.50
Non-mortgage payment skipped or delayed in the past twelve months 7.1 11.5 16.1
Mortgage payment skipped or delayed in the past twelve months 1.7 4.2 7.1
Payday loan used in past three years 2.4 2.5 7.7
Note(s):
The results on mortgage payments are based on families with a mortgage debt.
Source(s):
Survey of Financial Security, 2016.
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