MNP Debt Blog

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.

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.

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

In this installment, we’ll discuss why you should close your account because the bank is aware of your filing, and they continue to take payments from your account.

It’s easier than ever to spend more than we can afford. We pay for most purchases with a debit or credit card — or, increasingly, with the wave of a smartphone or swipe of a finger.

Thousands of individuals across Canada are coping with financial stress, and addressing their increasing debt can be an overwhelming process. Personal debt has left them juggling bills, payments, and priorities without a clear path towards financial freedom....

Managing debt repayment when you’re struggling financially is extremely stressful on its own, but when your creditors start to take a more aggressive approach and enlist the services of a collection agency, that stress can intensify quickly.

Many consumers wonder what creditors look at when determining whether or not to grant a loan. Of course, it is relatively common knowledge they look at our credit score to help make a decision, but the question that remains is, what other factors impact...

This powerful 14-question assessment tool puts those questions into a clear and quantifiable rating of your debt situation regardless what you earn or how much you owe.