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MNP Consumer Debt Index rebounds significantly as debt perceptions improve

The latest MNP Consumer Debt Index has rebounded significantly to 91 points — an eight-point jump since last quarter after a full year of low scores.

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Three in five Quebecers concerned interest rates may not fall quickly enough to provide the financial relief they need — more than any other province

Quebecers are feeling more pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.

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Do I keep my car in a Bankruptcy or Consumer Proposal?

We’re here to answer your questions about whether you will be able to keep your vehicle if you choose Bankruptcy or a Consumer Proposal to work towards achieving a debt-free future.

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British Columbians’ debt concerns grow, amid persistently high interest rates, inflation and affordability struggles, MNP Consumer Debt Index finds

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

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Living on a Single Income (3 Minute Debt Break)

Higher interest rates, instability globally and uncertainty in the new year economically… many households look to 2023 as a year of struggling to make it from one financial obligation to the next. This is especially true for single income families. If you are one of thousands of families performing the financial balancing act of trying to get by on a single income, it can be difficult to make financial goals beyond your next payment. The good...

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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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Blue Monday – Take Back the Day

Blue Monday is the most depressing day of the year for many reasons, including debt. Try these tips for managing your debt load and taking care of yourself this January.

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Quebecers’ worries about their debt level drop as interest rate concerns ease and debt perceptions improve

The latest MNP Consumer Debt Index finds that Quebecers are feeling increasingly confident in their personal finances this quarter as interest rate concerns ease.

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Two-thirds of Manitoba and Saskatchewan residents say interest rates will need to drop much further before their financial situation significantly improves — more than any other province

Manitoba and Saskatchewan residents are feeling more pessimistic about their personal finances this quarter, despite the recent interest rate cut by the Bank of Canada.

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