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MNP Debt Blog

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Dealing With Debt as a Business Owner

While taking on business debt is not inherently bad, like all debt, you must approach it from a prudent and practical standpoint.

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Making time to deal with your debt

In less time than it takes to scroll through one of the streaming services to find your next series or movie to watch, you can focus on your debt and have a plan to keep it under control.

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How rising interest rates impact your financial health

The first step in understanding your financial health is to understand how the rise of interest rates will affect your unsecured debts. The most common types of unsecured debts are lines of credit and credit cards.

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Father’s Day – What has changed financially between generations?

Between generations and over the years, our behaviours, attitudes and approach to finances have changed dramatically.

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The relationship between mental and financial health

Compromised mental health is a concern for many reasons — including its negative economic impacts. At the same time, financial stress can certainly adversely affect mental health.

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Just out of high school? Build your first adult budget.

Creating strong budget habits early in adult life is essential to building a pathway to financial independence. To start, you will need to learn to create a budget.

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What are good reasons to borrow money?

You have probably heard, more than once by now, that not all debt is created equal. Some types of debt can actually be beneficial, where others can put your personal and family well-being at risk.

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Tax Debt: Your Questions Answered

As another tax season has come and gone, you may still have lingering questions regarding tax debt related to CERB, student loans, and collection calls. To answer your questions, and to learn about the options available to you, tune into our Tax Debt...

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What Is a Licensed Insolvency Trustee?

The terminology surrounding debt problems and solutions can be confusing. How much debt is “overwhelming” debt? What does it mean to be insolvent — does it simply mean owing too much money to too many credit accounts? And what is the...

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What is my credit profile?

Knowing your credit profile before you meet with your financial provider can do a lot to help you address any risks or gaps you may want to attend to, and increase your chances of success in the application process.

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