""

MNP Debt Blog

Displaying results for:

Pay On Time And Cut Debt To Up Credit Score

In today's economic climate, with employment on shaky ground and an ever-increasing cost-of-living, many households have turned to credit in times of need to get them through financial binds.

Read More

50 Of Canadians 200 Away From Broke

With the Bank of Canada holding interest rates at record lows, Canadians have felt confident utilizing credit freely, despite a struggling national economy.

Read More

Will Unpaid Debts Simply (Poof!) Disappear?

As debt levels continue to creep, what happens when consumers can’t keep up with minimal payments, let alone being able to actually pay that debt down?

Read More

Father’s Day: Budgeting Tips from My Father’s Generation

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.

Read More

Just $200 Could Throw 50% of Canadians into Financial Ruin

Pair soaring debt with a general lack of financial literacy throughout Canada and we’ve got ourselves a perfect storm.

Read More

Keeping an Eye Out for Hidden Credit Card Fees

Having a household credit card or two can come in handy for multiple reasons – which is probably why there are approximately more than 43 million credit cards currently active in Canada.

Read More

An Eternal Optimist

If you are experiencing financial difficulty, and can set aside any emotional bias preventing you from being able to make a rational decision in a timely manner, you will save both yourself and your household from significant stress and anguish.

Read More

While credit can be helpful in a pinch, credit reliance can quickly become a dangerous cycle that's difficult to get out of when there's no longer a steady income coming into the household.

Read More

Segregated Funds and the Effects in Bankruptcy

Segregated funds are a type of investment vehicle that allows an investor to invest funds with a guarantee minimum return of initial capital.

Read More

British Columbians Embrace Low Interest Rates

With the Bank of Canada holding interest rates at record lows of just 0.5 per cent, many British Columbians are on a credit spending binge, using home equity as a means for taking on more debt.

Read More