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Inflation woes: Experts urge caution as new survey finds 1 in 4 Canadians taking loans

One in four Canadians confessed to taking on debt in 2022 to pay for higher costs of living, a new survey has found. It’s a trend that has some experts sounding the alarm.

When dealing with inflation, taking on any sort of loan to help pay bills should always be a “last resort,” one expert says.

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