A study released by Equifax Canada, a credit monitoring firm, shows that Canadians’ consumer debt “rose 3.7 per cent in the third quarter to $507.1 billion from $489 billion a year earlier.” However, the overall delinquency rate (bills more than 90 days past due) dropped to a record low of 1.13 per cent, down from 1.22 per cent from last year. Consumer debt has risen to $1.36 billion, up from $1.3 billion last year. An expert said the new statistics show that Canadians have more control over their debt this year. The study revealed that people from Quebec had the lowest delinquency rates, while people from Eastern provinces had the highest. Seniors are accumulating debt at the highest rate, but have the lowest total amount of debt of any age group, according to the study.