MNP Debt
2289 Fairview St 424 L7R2E3 Burlington, ON, Canada

In many ways facing unmanageable debt on your own is a lot like building a deck, re-wiring a garden shed, or plumbing a new bathroom. Simple, straightforward projects can help build much needed skills and confidence. But taking on more than you can handle can do just the opposite and create an even bigger, costlier problem. #DefeatDebt #DIYdebtsolutions

New data show that consumer insolvencies filed in Canada jumped 22.8% in March, the biggest monthly increase in more than 10 years. It's also the largest single month of new filing activity since the onset of the pandemic more than a year ago. #DefeatDebt #MNPcdi

There’s no one-size-fits-all strategy for getting out of debt. The MNP Debt Calculator can create a clearer picture of where to go next, so you can move forward with the confidence you’re heading in the right direction. #DefeatDebt #DIYdebtsolutions

Compound interest can be highly beneficial when you’re investing because every month you can earn additional interest on the interest you earned over the previous months. But it can be debilitating when applied to debts because your lender will charge interest on any interest you haven’t paid over the previous months. #DefeatDebt

The MNP Debt Calculator is a powerful tool that takes your assets, income and debt obligations into account, and offers potential options to forge ahead with getting rid of debt. Launch yourself toward a financial fresh start with the MNP Debt Calculator. #DefeatDebt #DIYdebtsolutions

The COVID-19 pandemic has affected many aspects of our daily lives in Saskatchewan, including personal finances. Read more: Source: Global News

Revisiting this insightful discussion led by MNP's Licensed Insolvency Trustees about Financial Health's impact on Mental Health. We launched a 4 part series on #BellLetsTalk day and we appreciate the feedback we received. Please visit our YouTube to channel to watch more discussions and financial tips:

Launch yourself toward a financial fresh start with MNP Debt Calculator. #DIYDebtSolutions #DebtFree

MNP’s quarterly Consumer Debt Index consistently finds between 45 and 50 percent of Canadians are $200 or less away from insolvency at month-end. Many are just one unfortunate event such as serious illness, job loss, or even unexpected home repairs from stepping over the financial brink. #DefeatDebt

A senator and a prominent mortgage industry executive are calling on the federal government to crack down on lenders who charge sky-high interest rates to Canadians desperate for cash, after a Marketplace hidden camera investigation found questionable business practices among a number of alternative financial institutions. Source: CBC