Many Canadians use credit cards on a regular basis — but have you ever considered what a credit card actually is? Essentially you are borrowing money from your financial institution, with the intent of paying it back within a specific timeframe. Failure to pay off your entire balance results in high interest rates (around 19% or more) on the remaining balance, while a failure to make your minimum payments may hurt your credit score, increase...
A payday loan is a short-term loan designed to provide you with some extra money until your next paycheque. Typically speaking, a payday loan is limited to 30% of your take-home pay. You are expected to pay back this loan once your next paycheque arrives by providing the payday loan provider with a post-dated cheque. While a payday loan doesn’t require credit approval, it is one of the most expensive ways to borrow money, with interest rates...
My story isn't a bad one, but rather a sad one. As a family (8) we have managed to stay together through some seriously difficult times - been the victims of multiple car accidents, my sister in law's 10 cancers, a house fire, joblessness, poverty, chronic pain conditions, a brain tumour, various writers & actors strikes... and sadly there is more. But this process was made easier for a family like ours because of Linda Paul and her amazing &...
I would surely be remiss if I failed to report to you my experience of MNP associates during the facilitation of my Bankruptcy, as of August 2021 complete. Rest assured I will recommend MNP to anyone in a similar situation to mine! All of the contacts of your company that I encountered in writing, by telephone or personally were to be commended. Of course, my personal experience of Sandra Wolverton has left the greatest impact on me! How clearly...
Bankruptcy-It's not as much fun as it sounds. In all serious this was something that weighed on my mind for a long time. The stress and anxiety of going bankrupt can be immense, affecting finances, family and friends, and even your health. On my way to MNP to meet Sandra the anxiety was massive (to put it mildly). But in no small part to Sandra's professionalism, courtesy and kindness the anxiety was reduced in quick order and I felt terrific relief...
I would like to give thanks to MNP for providing me a path to financial fresh start. With the help of Sara McElroy, everything went very smoothly. The process was effortless with her. She did all the work for me. Professionalism and communication was remarkable. 10/10. I strongly recommend Sara McElroy & MNP Debt!
We reached out to MNP with questions on how to deal with our debt we were drowning in at the time. We were hoping for answers and solutions and that is what we achieved. There was a different way, we learned, that you can get rid of your debt with doing a proposal. It was refinancing our mortgage to pay the proposal off right away to start fresh sooner, rather than waiting 5 years to pay it off. MNP knew a mortgage broker who could work with them...
MNP literally saved my life. My experience with Randy Kobbert and his staff has been wonderful - they helped me with a Consumer Proposal that settled my debts owing and I can now sleep at night. I'm actually putting money in the bank now and it's a great feeling to have a fresh start in life.
A Consumer Proposal was exactly what I needed after my divorce. MNP created a manageable payment structure and helped me get on my feet.
Sara McElroy was so helpful and patient in walking me through the process. Given the circumstances, I felt heard and considered. Thank you MNP!
