MNP Debt Blog

Many people are concerned about their credit rating. After all, this may determine whether you qualify for a mortgage or a car loan — and possibly even whether you get the apartment you’ve applied to lease.

Children and teenagers need better financial literacy training. That is a point everyone can agree on. Consensus is lacking, however, around just who should be providing it.

The warning signs of personal financial trouble are everywhere. Knowing what they are and how to recognize them can be the difference between quickly recovering from one or two bad months and being trapped in a months or years-long battle with debt. ...

This question comes up a lot, but it’s a difficult one to answer. While everyone loves a good benchmark, there’s never a clear-cut answer for how much debt is too much for any individual.

The most common concern for debtors contemplating a Bankruptcy is what they’ll have to give up to achieve a financial fresh start.

The quarterly poll conducted by Ipsos on behalf of MNP LTD, finds almost half of households (45%, +6) are not confident they’ll be able to cover all living and family expenses in the next 12 months without taking on more debt.

The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.

The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.

The quarterly poll conducted by Ipsos on behalf of MNP LTD finds British Columbians are the most likely (47%, +9pts since March) to say they are not confident they’ll be able to cover all living and family expenses in the next 12 months without...