MNP Debt Blog

The credit card statements are neatly piled on the top of your desk waiting to be paid. All have different payment dates scattered throughout the month and collectively the payments are somewhat manageable but the interest rates are making it nearly impossible...

With a wavering Canadian economy and unemployment continuing to roll through several Canadian provinces, thousands of households have found themselves struggling to make it from one financial obligation to the next.

With Father’s Day around the corner, I find myself reflecting on some of the financial lessons I learned from my father over the years.

As the price of oil continues to affect households throughout Alberta and Saskatchewan, many are falling behind and finding themselves unable to keep up with the day-to-day cost of living, let alone staying on top of their debt obligations.

The term “Blue Monday” was coined by psychologist Cliff Arnall when he calculated the third Monday in January as the most depressing day of the year.

MNP's TAKE: With a struggling national economy and unemployment on the rise throughout several provinces, it's no surprise to learn that Canadians are grappling with financial insecurity.

As thousands of households across the country continue to grapple with a struggling national economy and (for many) the aftermath of Alberta's energy sector crisis, it's not surprising to hear that consumer debt is soaring.

Consumers can get the “blues” quickly when bills arrive in mail. With varying payments, due dates and interest rates, keeping track of it all can get very overwhelming. A budget or financial diet can help improve your financial health.

Sometimes a financial institution or other form of lender will not grant credit to an individual or company (the “borrower”) unless someone else provides a guarantee. This can be potentially dangerous because if the borrower defaults on the loan, the...

It can be extremely daunting and frustrating when you are trying to pay down debt. Especially as you watch your balance decrease when a payment is made, only to see it go up again with interest charges, service fees, loan insurance premiums or even as...