Atlantic Canadians’ confidence in their personal finances and debt repayment is noticeably shaken as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant, according to the latest MNP Consumer Debt Index.

Atlantic Canadians’ confidence in their personal finances and debt repayment is noticeably shaken as uncertainty and pandemic fatigue continue to build amid the spread of the Omicron COVID-19 variant.

You have probably heard, more than once by now, that not all debt is created equal. Some types of debt can actually be beneficial, where others can put your personal and family well-being at risk.

The persistent rise in interest rates will have varying effects on your finances but how will you navigate this challenge?

Your credit score reflects your ability to meet certain financial requirements such as qualifying for or paying back a loan or getting good interest rates.

With the New Year fast approaching, it’s a great time to reflect upon your progress in 2022 and set goals for 2023. Our team has been working hard all year to provide our audience with tips to help you achieve your financial goals.

These articles have helped hundreds of people through the year, but we’ve compiled 10 of the most read ones to ease you into a debt-free life in the new year.

Until March 2020, there was no such thing as a virtual insolvency proceeding, unless you lived in a remote area. If you wanted to file a Bankruptcy or Consumer Proposal, you had to meet with a Licensed Insolvency Trustee in person.

Half of Canadians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

Knowing your credit profile before you meet with your financial provider can do a lot to help you address any risks or gaps you may want to attend to, and increase your chances of success in the application process.