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.

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

Inflation, interest rate hikes, gas prices, groceries… oh my. The headlines and news articles bring a constant barrage of reporting on the financial pressures impacting all Canadians. Everyday costs are rising, and unless you’re one of the fortunate few that do not have to be concerned at all about money, people everywhere are having to make choices and adjustments.

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.

Parents and educators have a responsibility to ensure our young people understand the consequences of overspending and develop the life skills to budget. But it may be a difficult conversation to have, especially if you are struggling with debts of your own.

Tackling the sources of your financial stress is essential for the sake of your mental, physical and financial well-being.

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.

Your debt is overwhelming, and you can no longer hide from it. But you’re still unsure as to when to seek the help of a professional. Here’s what you need to know.

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

Debt by itself can be a scary thing. Coupled with divorce, it can seem over whelming. Financial issues are a leading contributor to marital breakdown, and it can often be difficult to be on the same page when it comes to settling loans, credit cards and other debts that have accumulated during the marriage. Making matters worse, there are many misconceptions about who is liable for repaying the debts and who creditors can target in the event of a...