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MNP Debt Blog

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happy family mother father and little son have fun and celebrate Halloween at home

Debt traps and financial nightmares

Many Canadians are stuck in payday loan cycles. Learn how debt traps form, why they’re harmful, and what you can do to escape and regain control.

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Business women consulting in office regarding finances

A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.

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Seniors and Debt

Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.

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man and woman greeting agent at home standing near door

This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.

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Untangling debt during divorce

When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options.

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Water falls at Knoxs dam in Prince Edward Island Canada

Atlantic Canadians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.

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Holding red leaf during autumn

According to the latest MNP Consumer Debt data, Canadians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.

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Scotch Head in Cape Breton Island Nova Scotia Canada

Atlantic Canadians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.

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Newfoundland Gros Morne National Park Boardwalk Trail through Highlands in Autumn

Atlantic Canadians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.

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Autumn sunset in rural Saskatchewan.

The financial vulnerability of Saskatchewan and Manitoba residents is intensifying as their financial cushions shrink and more households edge closer to insolvency.

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