MNP Debt Blog

Thousands of individuals across Canada are coping with financial stress, and addressing their increasing debt can be an overwhelming process. Personal debt has left them juggling bills, payments, and priorities without a clear path towards financial freedom....

Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.

Many consumers wonder what creditors look at when determining whether or not to grant a loan. Of course, it is relatively common knowledge they look at our credit score to help make a decision, but the question that remains is, what other factors impact...

Nobody enjoys being late on bill payments. But unfortunately, it's not always possible to make ends meet. Anyone who has ever been in a position where they're forced to choose between basic necessities and keeping up with their debts understands just...

The warning signs of financial trouble are everywhere, if you know where to look. Knowing what they are and how to recognize them can be the difference between quickly recovering from one or two bad months and being trapped in a months or years-long battle...

Simply asking this question means you’re already on your way to financial health. Take a moment to congratulate yourself — recognizing the perils of unplanned and unexpected costs is a massive milestone and will mark a major turning point in your relationship...

The CRA has called to inform you of a balance you owe. What’s your next line of action?

Saskatchewan is seeing a hike in the number of residents filing for insolvency. With the steady rise in inflation figures and aggressive increase in interest rates in the country, Saskatchewan households are feeling the pinch.

As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds seven in 10 Atlantic Canadians (71%) are concerned about the impact of rising interest rates on their financial situation.