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

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.

Report a problem on this page

Is something not working? Is there information outdated? Can't find what you're looking for?

Please contact us and let us know how we can help you.