MNP Debt Blog

There are steps every student can take to prepare for these costs and minimize the future financial impacts of pursuing a higher education.

COVID-19 has amplified financial uncertainty for millions of Canadians. Households have faced loss of income through several rounds of lockdowns and a topsy turvy economy, and some have experienced rising debt loads as a result.

Only you and your child can decide whether post-secondary education is the right path forward. Regardless of what direction their life ends up following, there are steps you can take to prepare for the costs of post secondary education to help ensure...

Consumer loans are available in many forms and for a variety of purposes such as purchasing a home, financing a vehicle, and consolidating high interest credit card balances. These financial tools range from ultra specific (e.g., mortgage) to extremely...

When you’re working toward paying off your debt, life can often feel like an impossible choice between saving money and enjoying your hard-earned free time.

What you learn about how credit reporting and scoring works, what you can do to improve your credit, and common debt habits which may be helping or hindering your progress may just save your credit — and save you a few dollars every month.

Given the growing concerns around Canada’s consumer debt crisis, it’s only natural to paint it in broad strokes as universally bad. However, that’s not always the case.

With COVID-19 impacting finances at all levels, much of the conversation over the past year and a half has surrounded increased spending (or decreased revenue) among governments, businesses, and individuals — and the debt each has taken on to make...