Pay Debt Down Now Your Future Will Thank You

2016-08-02

Author: Wesley Cowan

Lifestyle Debt

Person online shopping on their laptop holding a credit card

The provincial average of total debt in the province of Ontario has nearly tripled. Many consumers are taking advantage of incredibly low interest rates, which can be a dangerous game to play in the event of major life changes such as job losses or illness. Taking a proactive approach and working to pay down your debt now, could prevent debt from taking a firm hold on your financial health down the road.

MNP LTD Trustee Wes Cowan recently spoke with CTV News Kitchener about the increase in debt and ways to tackle it. The original article was originally posted online at CTV News.

Wesley Cowan

Wesley Cowan

CIRP, LIT

Senior Vice-President

Servicing: Waterloo, Cambridge, Kitchener, Stratford, Tillsonburg, Guelph, Listowel

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