MNP Debt Blog

YES! Of course you can still buy things after you file for bankruptcy; in fact, one of the most attractive benefits of a bankruptcy is that you are free from all of the unsecured debt payments you were previously making and as a result; you will likely...

The Bank of Canada has raised interest rates five times since July 2017 after going nearly a decade without an increase.

No one wants to disrupt their much-deserved rest and relaxation by panicking about how they’re going to juggle an unplanned hit to their budget. So how do you keep your vacation budget on track?

As a consumer finance professional, I field a lot of questions about money. But few do I experience more often than the age old — “Should I invest in my retirement or pay off my debt?”

Logically, we know we can’t buy everlasting happiness for 12 low payments of $59.99 – or less than the cost of one coffee a day.

Millennials have a complicated relationship with debt. As the first true ‘digital natives’ this generation grew up in the most media-saturated and consumerist culture in recorded history.

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

Summer conjures thoughts of lazy days at the lake, sunny afternoons in the garden, family barbeques and road trips you wish would never end.

This discrepancy between income in / income out has led to a significant increase in insolvency filings throughout the province. Sound familiar?

According to an Ipsos survey conducted on behalf of MNP LTD., the majority of Saskatchewan and Manitoba residents feel they can cover next year’s living expenses without incurring more, despite concern about mounting consumer debt in Canada.