MNP Debt Blog

If you have several different debts and you’re starting to have trouble managing them, you’ve probably already encountered the stress of trying to figure out who’s going to get paid and who’s not going to get paid this month.

Here is a small checklist of things to look at and what to pay special attention to. It will involve looking at a few documents and may involve a few phone calls and, if required, a meeting with your financial advisor, lawyer or notary.

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.

Feel like you’re stuck in a cycle of debt and can’t get out? If you’ve had enough of juggling with your debt payments, a debt consolidation loan can help to eliminate the uncertainty of being able to pay your bills on time, while establishing...

In today’s economic climate, it’s not surprising to learn that Canadians are carrying consumer debt at an all-time high. If you find yourself struggling to make it from one debt payment to the next, staying out of the red can start to feel...

Considering today's economic climate, it would not be surprising to hear that many have replaced financial planning with financial survival.

As we begin the month of February and bills from the holiday season have arrived, it's probably difficult to make planning and budgeting for the future a priority.

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.

Low interest rates and readily available credit have caught a lot of consumers in the trap of the ‘have now pay later’ trend. In fact, Canadian consumers are already spending 163% of their income.

Debt is often caused by life circumstances such as a job loss or a divorce, or simply by spending beyond your means.