MNP Consumer Debt Index Update: Canadians finding themselves with less money each month, over half concerned about their ability to repay their debts
October 28, 2019 07:00 ET
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MNP Ltd.
CALGARY, Alberta, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Even though the Bank of Canada has stated that it will keep interest rates stable until next year, over half (54%) of Canadians say they are more...
Survey: Cash-strapped Canadians may be treating homes like ATMs to pay bills
August 20, 2019 06:00 ET
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MNP Ltd.
Three in ten Canadian homeowners with a HELOC say they have used the funds borrowed to pay down other debts.Over a third say they have used the money to do things they otherwise wouldn’t have been...
Survey: Canadians wary and embarrassed about seeking debt relief
July 29, 2019 06:00 ET
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MNP Ltd.
Half say they would be too embarrassed to seek helpThree in ten say they don’t know how to get out of debt or where to turn for helpOver half say they have difficulty trusting companies to help get...
Embarrassing health issues tops list of “awkward silences” survey
May 27, 2019 09:30 ET
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Credit Canada
TORONTO, May 27, 2019 (GLOBE NEWSWIRE) -- A new national survey by Credit Canada shows that while many Canadians avoid talking about their money and finances, uncomfortable health issues tops the...
MNP Consumer Debt Index drops 4 points underscoring Canadians’ deteriorating financial situation
April 22, 2019 06:00 ET
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MNP Ltd.
Canadians’ perception of their debt situation has been on a gradual decline, and now sits near its lowest point since tracking began in June 2017.Confidence in ability to absorb an interest rate...
Business Insolvency Filings Jump 9% Compared to Last Year
January 04, 2019 13:06 ET
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Canadian Association of Insolvency and Restructuring Professionals (CAIRP)
TORONTO, Jan. 04, 2019 (GLOBE NEWSWIRE) -- The number of Canadian businesses "going under" financially jumped significantly in November compared to last year, according to a new report released by...
Financial Literacy in Canada: Lack of skills and education contributing to surging consumer debt
October 30, 2018 07:15 ET
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MNP Ltd.
Need to break the stigma of asking for help, says debt expert CALGARY, Alberta, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Most (85%) Canadians agree that financial literacy in Canada is lacking, and...
MNP Consumer Debt Index: Fear of rate hikes continues to intensify among Canadians
October 23, 2018 10:21 ET
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MNP Ltd.
Nearly half say they are already feeling the effects of the interest rate increases, up 7 points since JuneOne-third express concern that rising rates could move them towards bankruptcy, up 6-points...
Debt-burdened Canadians already feeling the pinch of higher interest rates
October 23, 2017 06:45 ET
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MNP Ltd.
One in three Canadians say that they are already feeling the effects of increasing interest rates.Four in ten say that if interest rates go up much more, they are afraid they will be in financial...
Premium Insight into the Most Companies in the Debt Relief Industry Offered by BestDebtCompanys.com
February 11, 2014 11:56 ET
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BestDebtCompanys.com
San Francsico, CA, Feb. 11, 2014 (GLOBE NEWSWIRE) -- (http://www.myprgenie.com) -- Debt relief companies
have been under consistent scrutiny in recent years due to multiple
companies participating in...