MNP Debt Blog

According to recent reports, auto sales in Canada are on track to reach a new record for 2014, with optimistic consumers tempted by low interest rates, longer loan amortization periods, dealer incentives and more recently, lower fuel prices. It seems...

The presents have all been opened, the many holiday feasts consumed, the tree has been packed away and you have many magical holiday memories. So, what’s the problem?

While it’s perfectly natural to want to go ‘all out’ during the holiday season, it’s important to recognize the true cost of splurge spending.

For thousands of Canadians across the country, it’s no secret to hear that our national economy is facing an uncertain future.

Most people with an addiction to spending do not realize the extent of their spending until their credit cards or lines of credit are maxed out and bill collectors start calling. A spending addiction can begin as early as childhood and may be caused...

I'm on disability pension, one of my creditors are trying to garnishee my pension. Can they do this? I owe them 4,000, can I do a bankruptcy to get them off my case?

Getting into debt can happen to anyone, causing mental stress and uncertainty. To learn how to better manage your money, you must also have an understanding of your relationship with money.

Debt, like most problems, usually has more than one solution. And while this may seem like a good thing, it can make it harder to find the solution that's best for you.

Author E.E. Cummings, when talking about his debts, is reported to have said, “I am living so far beyond my income that we may be said to be living apart.” Humorous as it may sound, being in debt is never cool.

According to a recent Ipsos poll conducted by MNP LTD., the increased cost of borrowing due to rising interest rates is causing many Ontarians to re-evaluate their relationship with debt.