As humans, we’re pretty good at ignoring problems we can’t or don’t want to deal with, hoping they’ll eventually go away.

Despite the Bank of Canada stating it will keep interest rates stable until next year, more than 6 in 10 (62%) Atlantic Canadians say they are more concerned about their ability to repay debts than they used to be — the highest proportion compared to other provinces.

According to a recent Ipsos poll conducted by MNP LTD., Atlantic Canadians’ pocketbooks are continuing to get lighter as a result of recent interest rate increases.

According to a recent Ipsos poll conducted by MNP LTD., Albertans’ pocketbooks are continuing to get lighter as a result of recent interest rate increases.

The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, remained at 2.9 in 2018.

One of the worst parts of having debt problems is dealing with the multiple phone calls from creditors and collection agencies looking for payment.

The number of consumer insolvencies per thousand residents in Montréal, aged 18 years or above, decreased to 4.9 in 2018, continuing the downward trend since 2016.

Helping people is what we do at MNP Debt. Every day, we work to provide tailored and effective debt solution that eliminate our clients’ stress, improve their relationships and provide hope for a better financial future.

If you’re struggling with debt, you may have missed payments, debts may have gone to a collections agency and your stress levels are through the roof. Maybe you’re concerned about your credit rating and what to do next.

The goal of living debt free is certainly an admirable one and something we support wholeheartedly.