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Costs of Living, Credit Cards & COVID-19 – Latest BC Consumer Debt Study Highlights Consumer Debt Problems, Debt Impacts on Mental Health and More
January 17, 2022 07:30 ET | Sands & Associates
Credit card debt cited five times more than other types of problem debt; using credit for essential costs of living the main cause of debt reported by 18% of insolvent consumers, and more than 3 in 4...
Over Half (53%) of Canadians Within $200 of Not Being Able to Cover Their Bills and Debt Payments, Up 10 Points Since December Reaching a Five-Year High
April 08, 2021 07:16 ET | MNP Ltd.
CALGARY, Alberta, April 08, 2021 (GLOBE NEWSWIRE) -- As pandemic-related financial support and loan deferral programs begin to unwind, the latest MNP Consumer Debt Index finds the number of...
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COVID Consumer Debt: Nearly Half of Canadians Plan to Take on More Debt When Pandemic Financial Support Ends (+10 pts)
September 16, 2020 08:08 ET | MNP Ltd.
CALGARY, Alberta, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Over the past few months, various financial relief measures from the government, banks, and businesses have helped cushion the financial blow of...
MNP Consumer Debt Index Highlights Financial Upside of Pandemic Among Canadians
July 20, 2020 06:00 ET | MNP Ltd.
CALGARY, Alberta, July 20, 2020 (GLOBE NEWSWIRE) -- While the financial picture for many Canadian households looked bleak last quarter, many have been kept afloat thanks to the current raft of...
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Survey: Risky Financial Behaviours Keeping Canadians in Debt
March 02, 2020 08:02 ET | MNP Ltd.
CALGARY, Alberta, March 02, 2020 (GLOBE NEWSWIRE) -- A survey conducted by Ipsos on behalf of MNP Ltd. helps identify some of the costly money mistakes Canadians are making that could be...
MNP Consumer Debt Index Update: Canadians increasingly pessimistic about their consumer debt
January 20, 2020 06:00 ET | MNP Ltd.
Index drops five points since September matching the lowest point ever recorded Nearly three in ten Canadians say they are already insolventHalf say they are $200 or less away from being insolvent...
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National Data Center Launches Enhanced Mobile Responsive Debtor Portal
November 19, 2019 09:00 ET | National Data Center (NDC)
Enables Debtors in Chapter 13 Bankruptcy to Understand Rights and Obligations, Stay Current on Repayment Plans LAFAYETTE, Calif., Nov. 19, 2019 (GLOBE NEWSWIRE) -- National Data Center (NDC)...
September 2019 Canadian Insolvency Statistics TORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) -- The slowing Canadian economy has resulted in the first year to year increase in business insolvencies in almost two decades, according to new data released...
TINA.org Report: Over 100 LuLaRoe Distributors Have Filed for Bankruptcy
April 30, 2019 09:49 ET | truthinadvertising.org
MADISON, CONN., April 30, 2019 (GLOBE NEWSWIRE) -- LuLaRoe (LLR) distributors are more likely to end up bankrupt than to reach the highest tier in the company’s distributor ranks, according to a new...
MNP Consumer Debt Index Update: Canadians more worried about debt, interest rates and personal finances compared to September 
January 21, 2019 04:55 ET | MNP Ltd.
Number of Canadians who say they don’t make enough to cover their bills and debt obligations increased by 7 points to 31%Number of Canadians within $200 of insolvency increased by 6 points to...