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MNP Debt Blog

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More than half (53%) say they are $200 or less from not being able to meet all of their bills and debt obligations each month, a whopping 10-point jump from December. This includes three in 10 (30%, +7pts) who report they are already insolvent with no...

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Tax debt? You have options

This year’s tax season will more than likely be extra challenging for the nearly nine million Canadians who applied for the Canada Emergency Response Benefit in 2020.

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Only you and your child can decide whether post-secondary education is the right path forward. Regardless of what direction their life ends up following, there are steps you can take to prepare for the costs of post secondary education to help ensure...

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Is being debt-free good for your credit report?

What you learn about how credit reporting and scoring works, what you can do to improve your credit, and common debt habits which may be helping or hindering your progress may just save your credit — and save you a few dollars every month.

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Life after a Bankruptcy

After receiving your discharge from Bankruptcy, you have now permanently moved on from your past financial issues and are free of your unsecured debts. It’s time to start rebuilding your credit rating.

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What are the various types of consumer loans and why would I use them?

Consumer loans are available in many forms and for a variety of purposes such as purchasing a home, financing a vehicle, and consolidating high interest credit card balances. These financial tools range from ultra specific (e.g., mortgage) to extremely...

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More than half are likely to pile on more consumer debt before the end of the year, including one in 10 who will use buy now, pay later options.

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The Canada Student Loan Program provides an opportunity for Canadians to pursue a post-secondary education in instances where attending a college or university may otherwise be out of reach.

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Six in 10 Albertans are likely to pile on more consumer debt before the end of the year, including one in five who will use buy now, pay later options.

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More than half are likely to pile on more consumer debt before the end of the year, including one in 10 who will use buy now, pay later options.

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