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MNP Debt Blog

MNP Consumer Debt Index - April 2022 (3 Minute Debt Break)

The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the latest MNP Consumer Debt Index which...

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Financial Scams (3 Minute Debt Break)

Financial scams have been around for decades. But they seem to have never been as common, insidious and invasive as they are today. It’s easy to assume you’ll never fall for a scam. But we’re all vulnerable, and we can all become victims...

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Signs You Are Financially Healthy (3 Minute Debt Break)

The average person spends most of their life chasing financial stability. We may not feel like we’re getting ahead, but for many of us that’s ok; as long as we’re not falling behind. What does it mean to be financially healthy, and how...

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How to rebuild after a Bankruptcy or Consumer Proposal (3 Minute Debt Break)

After completing a Bankruptcy or Consumer Proposal, rebuilding your credit can feel nearly as daunting as getting out of debt. But just a few steps every day will get you where you want to go. The following steps will help you focus on your goals, outline...

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Why We Overspend (3 Minute Debt Break)

This time of year we think about festivities and fun with friends and family. And sometimes we do it without thinking about finances. Often finances are something we don’t focus enough on through the entire year because we have acquired bad financial...

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Are You Financially Prepared For the Uncertain Future? (3 Minute Debt Break)

It’s always been difficult to plan for future financial challenges. But these days, the unforeseen seems to be a regular occurrence. No one has a crystal ball for global events let alone circumstances that are unpredictable in your personal world....

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Mounting financial pressures are driving Quebecers into a cycle of overwhelming debt, as stigma and confusion prevent many from seeking help. According to a new survey conducted by Ipsos on behalf of MNP LTD, about two in five Quebecers (38%) acknowledge...

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Mounting financial pressures are driving some Atlantic Canadians into a cycle of overwhelming debt as stigma and confusion prevent many from seeking help.

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According to a new survey conducted by Ipsos on behalf of MNP LTD, while most British Columbians agree there is no shame in seeking help with debt (74%, -11pts from 2019), a significant gap remains between belief and action.

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