2025-10-01
Debt consolidation vs. consolidating credit: What’s the difference?
Lifestyle Debt
Financial jargon can be murky at the best of times. Downright frustrating when you’re sinking in the depths of unmanageable debt.
Pay Debt Down Now Your Future Will Thank You
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
CIRP, LIT
Senior Vice-President
Servicing: Waterloo, Cambridge, Kitchener, Stratford, Tillsonburg, Guelph, Listowel
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