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MNP Debt Blog

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If you’re feeling trapped by debt and worry you’ve run out of options, it is often helpful to seek sound advice and effective solutions from a qualified professional to get your finances back on track.

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Budgeting and saving money are no longer necessary steps for making a big purchase.

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Financial stress has been linked to relationship troubles, depression, high blood pressure and even a decreased immune response.

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Rising Interest Rates Pose Challenge For Canadian Debtholders

With the Bank of Canada raising interest rates on September 6, debt holders across the country are left wondering what it means for them.

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Surprise Rate Hike Signals Time To Reduce Debt

Canadians considering taking on more debt over the near or long term may want to think twice.

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What Debt Collectors Can And Cannot Do

Managing a spiraling debt load is stressful enough without a constant barrage of phone calls reminding you that you’re behind on your payments.

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Preparing Your First Budget

If you’re planning on moving out for the first time, you’re likely experiencing a flood of emotions.

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Too Much Debt Use This Rule To Find Out

Canadians are carrying more debt than ever, which has left many wondering if they might be in over their heads.

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What Costs Less the More You Pay? Debt

Debt that you owe and repay to your creditors consists of two parts. The first part is the money you originally borrowed. The other part is the interest (and sometimes fees).

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Pay On Time And Cut Debt To Up Credit Score

In today's economic climate, with employment on shaky ground and an ever-increasing cost-of-living, many households have turned to credit in times of need to get them through financial binds.

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