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MNP Debt Blog

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The latest MNP Consumer Debt Sentiment Survey shows that a lack of financial literacy skills may be intensifying Atlantic Canadians’ consumer debt binge.

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The latest MNP Consumer Debt Sentiment Survey shows that a lack of financial literacy skills may be intensifying Manitoba residents’ consumer debt binge.

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Mnp Consumer Debt Sentiment Survey Update

The latest MNP Consumer Debt Sentiment Survey shows that a lack of financial literacy skills may be intensifying Canadians’ consumer debt binge.

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Low Interest Rates Spur Consumer Debt Increases

With the Bank of Canada holding interest rates at record lows, a new poll conducted by Ipsos on behalf of MNP Ltd. shows that 31 per cent of Canadians anticipate taking advantage of the rates by increasing debt and consumer spending.

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Interest Rates Sending Canadians On Spending Sprees

With the Bank of Canada holding interest rates steady at 0.5 per cent, Canadians continue to feel confidant in excess spending, relying on credit as the national economy continues to struggle and many households are grappling with depleted income.

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With interest rates parked at record lows, many Canadians have taken full advantage – splurging on low cost credit despite a stagnant economy.

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Survey Results May 2017

Low Interest Rates And The Great Credit Splurge

As interest rates continue to sit at record-lows, Canadians have continued to spend, relying on credit when funds are in a pinch.

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As we await the Bank of Canada’s next announcement on interest rates, Canadians’ appetite for cheap credit is being highlighted by our latest survey.

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As the nation awaits the Bank of Canada’s next announcement on interest rates, Saskatchewan residents’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

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