Personal Finance Canada

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Insolvency firm MNP reports 52% of Canadians are $200 or less away from being unable to pay bills due to rising interest rates and living costs. (www.bnnbloomberg.ca)

submitted 2 years ago by mxwarp to c/personalfinancecanada

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The report says 35 per cent of those asked say they already don't make enough to cover their bills and debt payments, up from 30 per cent in April and a record high for the survey. It also says a record 48 per cent of those surveyed are concerned about their current level of debt.

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[–] [email protected] 4 points 2 years ago

Company who makes money off of people's money problems is advertising their services by attempting to induce fear among their client base.

And people will fall for it too.