Right now, the level of debt to household income stands at nearly $1.70

for every $1.00 of disposable income.

The newest quarterly survey by insolvency trustees MNP suggests 20% of Canadians feel their debt situation is worse now than it was five years ago. 

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The study also suggests more Canadians are feeling like they are getting closer to the edge, with half saying they are only $200.00 away from being insolvent at the end of any given month.

With debt loads increasing at a staggering pace in Canada, we know that this high-interest debt delays your ability to invest in your financial future.

With debt consolidation, the worry of payments, expenses and due dates are all put to rest and the opportunity to build wealth is achievable.