Your credit record contains information reported by various lenders — including credit card issuers, banks and mobile phone companies — detailing when you opened your account, how much you owe, your payment history, if and how frequently you exceed your credit limit and whether your accounts have ever lapsed into collections.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Saskatchewan and Manitoba residents agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

Underscoring financial vulnerabilities in New Brunswick when it comes to consumer debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The number of New Brunswick residents who filed for insolvency in the second quarter of 2019 was up 11.7 per cent compared to the same quarter of last year and up 20.4 per cent compared to the first...

The rate, which had been growing since 2013, dipped in 2017 before climbing again in 2018.

The rate had been growing since 2012, though it took a dip in 2017 before climbing again in 2018.

Underscoring financial vulnerabilities in Newfoundland and Labrador when it comes to consumer debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The number of Newfoundland and Labrador residents who filed for insolvency in the second quarter of 2019 was up 22.4 per cent compared to the same quarter of last year, the greatest increase...

With a stagnant economy and unemployment continuing to take its toll on several provinces, thousands of households or Canadian households are finding themselves struggling to keep up with an ever-increasing cost-of-living as debt continues to compound.

Underscoring financial vulnerabilities in Nova Scotia when it comes to consumer debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The number of Nova Scotians who filed for insolvency in the second quarter of 2019 was up 16 per cent compared to the first quarter and up 3.6 per cent compared to the same quarter of last year.

MNP Consumer Debt Sentiment Survey reveals Canadians’ feelings about their debt and their perception of their ability to meet their monthly payment obligations.

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