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MNP Debt Blog

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MNP Consumer Debt Index: October 2018 Results Summary

According to a recent Ipsos poll conducted by MNP LTD., Canadians continue to fear increasing financial turbulence as the prospect of another interest rate hike looms.

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According to a recent Ipsos poll conducted by MNP LTD., a growing number of Ontarians are noticing the effects of recent interest rate increases.

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According to a recent Ipsos poll conducted by MNP LTD., a growing number of Quebec residents don’t earn enough to cover their bills and debt payments, with one third (33%) – a five percent increase since September – now mirroring that sentiment.

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According to a recent Ipsos poll conducted by MNP LTD., Saskatchewan and Manitoba residents are the most likely (56%) to be within $200 of insolvency at month-end compared to other provinces – jumping 14 points since September.

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According to a recent Ipsos poll conducted by MNP LTD., British Columbians are particularly worried that rising interest rates will impact their ability to repay debts, with 58 percent expressing concern.

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According to a recent Ipsos poll conducted by MNP LTD., higher interest rates are a major concern among Albertans.

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According to a recent Ipsos poll conducted by MNP LTD., Manitoba and Saskatchewan residents are the most likely (56%) to be within $200 of insolvency at month-end compared to other provinces – jumping 14 points since September.

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How Bankruptcy Could Be The Gift You Never Knew You Wanted

Some would believe that bankruptcy is an unappealing way to resolve their ongoing debt problems.

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As the shopping rush reaches peak intensity before the holidays, a local debt expert is warning British Columbians to avoid taking on more debt or payday loans, as they try to cope with the pressures of last minute gifts and Christmas grocery shopping....

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As the shopping rush reaches peak intensity before the holidays, a local debt expert is warning Ontarians to avoid taking on more debt or payday loans, as they try to cope with the pressures of last minute gifts and Christmas grocery shopping.

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