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Concern about repaying debt grows among Nova Scotians amid persistently high interest rates, inflation and affordability struggles, MNP Consumer Debt Index finds

Amid heightened affordability concerns, the proportion of Atlantic Canadians that are worried about making debt payments jumped nine points compared to last quarter.

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How are interest rate increases affecting mortgages?

Rising interest rates are affecting your finances in different ways and your mortgage debt is not immune.

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Best of Season 4 - MNP 3 Minute Debt Break

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Concern about repaying debt grows among Newfoundlanders amid persistently high interest rates, inflation and affordability struggles, MNP Consumer Debt Index finds

Amid heightened affordability concerns, the proportion of Atlantic Canadians that are worried about making debt payments jumped nine points compared to last quarter.

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MNP Consumer Debt Index plunges 15 points to all-time low as interest rates, inflation and affordability have many Canadians concerned about their debt

The quarterly MNP Consumer Debt Index has taken a drastic plunge to 77 points, dropping a record 15 points from last quarter and marking an all-time low since the Index was created more than five years ago.

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How Consumer Proposals affect your credit rating — and how to rebuild it

Understanding how Consumer Proposals impact your credit score is important to rebuilding your credit rating in the future.

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Concern about repaying debt grows among Prince Edward Islanders amid persistently high interest rates, inflation and affordability struggles, MNP Consumer Debt Index finds

Amid heightened affordability concerns, the proportion of Atlantic Canadians that are worried about making debt payments jumped nine points compared to last quarter.

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Understanding and Improving Credit Scores

By effectively managing your secured and unsecured debt repayment, you will be well positioned to understand and improve your credit score.

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Hope Tuesday: Trust a professional to get you out of debt

Your debt levels have risen over the holiday and you’re worried about how to get out of your debt situation this January, you can get help on Hope Tuesday and after.

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Ontarians’ debt concerns spike, amid persistently high interest rates, inflation and affordability struggles, MNP Consumer Debt Index finds

Ontarians’ anxiety about their debt situation is building amid rising interest rates, persistent inflation, and heightened affordability concerns.

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