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Over 40% of personal loan, credit card, and card loan Canadian applicants expect to spend less than 30 minutes opening a checking account.

July 30, 2025

Over 40% of personal loan, credit card, and card loan Canadian applicants expect to spend less than 30 minutes opening a checking account. — This cybersecurity statistic was published by FICO in July 2025. It covers topics including Canada, Checking account. The original data appears in 2025 Consumer Survey: Canada Fraud, Identity and Digital Banking. For the full methodology and detailed findings, refer to the original report.

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Published on 7/30/2025

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Frequently Asked Questions

What does this statistic say?

Over 40% of personal loan, credit card, and card loan Canadian applicants expect to spend less than 30 minutes opening a checking account. This data was published by FICO and covers Canada, Checking account.

Where does this data come from?

This statistic comes from 2025 Consumer Survey: Canada Fraud, Identity and Digital Banking, published by FICO on July 30, 2025. You can view the original report at https://www.fico.com/en/latest-thinking/ebook/2025-consumer-survey-canada-fraud-identity-and-digital-banking.

What cybersecurity topics does this cover?

This statistic relates to Canada, Checking account. Browse more statistics on Canada or from FICO.

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