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MNP Debt Blog

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MNP Consumer Debt Index: January 2020 Results Summary

Now in its eleventh wave, the MNP Consumer Debt Index has dropped five points since September (96 points), matching the lowest ever recorded back in March 2018.

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The global crisis surrounding COVID-19 has presented an unprecedented financial shock for Saskatchewan and Manitoba residents at a time when personal finances are already a source of stress for many.

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The global crisis surrounding COVID-19 has delivered an unprecedented financial shock to Atlantic Canadians at a time when personal finances are already a source of stress for many.

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The global crisis surrounding COVID-19 has presented an unprecedented financial shock for Manitoba and Saskatchewan residents at a time when personal finances are already a source of stress for many.

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The global crisis surrounding COVID-19 has delivered an unprecedented financial shock to British Columbians at a time when personal finances are already a source of stress for many.

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The global crisis surrounding COVID-19 has delivered an unprecedented financial shock to Quebec residents at a time when personal finances are already a source of stress for many.

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The global crisis surrounding COVID-19 has delivered an unprecedented financial shock to Canadians at a time when personal finances were are already a source of stress for many.

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Amid ongoing concerns about the Coronavirus (COVID-19) outbreak around the world and close to home, we want to update you about what MNP LTD is doing to navigate the situation.

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Consumer Proposals: Frequently Asked Questions

Consumer Proposal is a formal offer to your creditors to settle your unsecured debt. It reduces the overall amount of debt you pay back while ensuring your creditors still recover a percentage of what’s owed to them.

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How to Reduce and Eliminate Credit Card Use

Accessing and using credit is easier than ever. And that’s certainly convenient for some. But for others it means accumulating balances and interest charges faster than they anticipate — or can manage.

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