MNP Debt Blog

Budgeting and saving money are no longer necessary steps for making a big purchase.

Financial stress has been linked to relationship troubles, depression, high blood pressure and even a decreased immune response.

With the Bank of Canada raising interest rates on September 6, debt holders across the country are left wondering what it means for them.

Canadians considering taking on more debt over the near or long term may want to think twice.

Managing a spiraling debt load is stressful enough without a constant barrage of phone calls reminding you that you’re behind on your payments.

If you’re planning on moving out for the first time, you’re likely experiencing a flood of emotions.

Canadians are carrying more debt than ever, which has left many wondering if they might be in over their heads.

Debt that you owe and repay to your creditors consists of two parts. The first part is the money you originally borrowed. The other part is the interest (and sometimes fees).

In today's economic climate, with employment on shaky ground and an ever-increasing cost-of-living, many households have turned to credit in times of need to get them through financial binds.

As debt levels continue to creep, what happens when consumers can’t keep up with minimal payments, let alone being able to actually pay that debt down?