MNP Debt Blog

It's that time of year again. The days are shorter, the weather is brisk and the winter blues are setting in. As we brave another Canadian winter, it can be tempting to book the next ticket out of here with just a click of a button and a credit card....

It’s that time of year again. It’s cold, and dark and wintertime. Nothing saws ‘reward me’ like a little shopping and getting yourself that special something to perk up your day.

Once an individual has completed the difficult task of a bankruptcy or consumer proposal, the question that is asked most often is, “How do I rebuild my credit rating?” The answer is, you can start rebuilding your credit immediately. Here...

As we head into the holidays, it's all too easy to watch the spending add up. Between holiday parties, decorations, groceries and gifts - the dollars leaving your account (or worse, going onto credit) can become overwhelming.

As Albertans struggle with mounting debt, many lack the financial literacy to integrate the changes they need to get on track – and even ahead of their debt.

The question i have to ask is can i go bankrupt and keep my car. i have a truck and car...i want to get rid of the truck and all my other credit debt. thanks

Pair soaring debt with a general lack of financial literacy throughout Canada and we’ve got ourselves a perfect storm.

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.

Do not assume that bankruptcy or other debt solutions will cause you to lose your home. The decision to seek help for dealing with your debt issues is not easy.

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