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New BC Consumer Debt Study Findings Say Mental Health Suffering the Impacts of Debt-Stress, BC Cost of Living Increasingly Driving Consumer Insolvencies

Credit card debt a problem for nearly 3 in 5 individuals polled in the 2022 BC Consumer Debt Study, and worrying high-cost payday loan use is on the rise. Most troubling - almost 4 in 5 people said...

Près de la moitié des répondants se disent préoccupés par leur niveau d’endettement actuel (47 %, +7 points).La moitié affirment regretter leur niveau d’endettement (49 %, +7 points).Sept répondants...

Nearly half say they are concerned about their current level of debt (47%, +7pts).Half say they regret the amount of debt they’ve taken on in life (49%, +7pts).Seven in ten say they are already...

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...

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...

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...

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...

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...

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...