MNP Debt Blog

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...

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.

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.

The CRA has called to inform you of a balance you owe. What’s your next line of action?

Saskatchewan is seeing a hike in the number of residents filing for insolvency. With the steady rise in inflation figures and aggressive increase in interest rates in the country, Saskatchewan households are feeling the pinch.

As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds that eight in 10 Quebecers (82%, +2pts) agree they will be more careful with how they spend their money as borrowing costs rise, increasing...

As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds seven in 10 Atlantic Canadians (71%) are concerned about the impact of rising interest rates on their financial situation.

As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds seven in 10 Atlantic Canadians (71%) are concerned about the impact of rising interest rates on their financial situation.

As another Bank of Canada interest rate announcement looms, a recent poll conducted by Ipsos on behalf of MNP LTD finds seven in 10 Atlantic Canadians (71%) are concerned about the impact of rising interest rates on their financial situation.