MNP Debt Blog

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Debt-Burdened Canadians Already Feeling The Pinch Of Higher Interest Rates

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

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Will Debt Haunt Those Left Behind When You Die?

If you want to leave a legacy when you pass away, defeat debt before you retire. Otherwise all you leave may be paperwork and memories.

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The Cost Of Bankruptcy

Bankruptcy isn’t free, but it may be the life changing debt solution you’re looking for.

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Budgeting and saving money are no longer necessary steps for making a big purchase.

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How Debt Could Be A Problem For Canadians

Owing, in large part, to nearly seven years of ultra-low interest rates, low-barrier borrowing and the relative affordability of credit, Canadians are further in debt than ever before.

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Why Its Important To Pay Off Your Debts Before Retirement

The number of Canadians aged 65 and older is increasing rapidly. By 2030, they will make up more than one quarter of the country’s population.

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Survey Results October 2017

Financial stress has been linked to relationship troubles, depression, high blood pressure and even a decreased immune response.

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Rising Interest Rates Pose Challenge For Canadian Debtholders

With the Bank of Canada raising interest rates on September 6, debt holders across the country are left wondering what it means for them.

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Surprise Rate Hike Signals Time To Reduce Debt

Canadians considering taking on more debt over the near or long term may want to think twice.

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