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MNP Debt Blog

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Rebuilding Credit During A Consumer Proposal

Congratulations on taking the first step towards addressing your debt head on and working towards a fresh financial start!

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A new survey released by MNP LTD finds that Albertans are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.

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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...

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A new survey released by MNP LTD finds that Atlantic Canadians are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.

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A new survey released by MNP LTD finds that Ontarians are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.

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What Costs Less the More You Pay? Debt

Debt that you owe and repay to your creditors consists of two parts. The first part is the money you originally borrowed. The other part is the interest (and sometimes fees).

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Higher Interest Rates Raise Anxiety Among Canadian Debtholders

Increased interest rates are supposed to signal an improving economy.

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Record Debt And Rising Interest Rates Fuel Worry Among Canadians

After a near decade long streak of low borrowing costs and easy credit from banks, Canadians are carrying record levels of debt.

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Survey Results August 2017

Increased Interest Rates Could Spell Disaster For Canadians In Debt

With banks offering consumers a record amount of credit in recent years, Canadian households will face tough times ahead if they aren’t able to reduce their debt loads.

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