Nearly two in five British Columbians say they need help to get out of debt.
That’s according to a report by Ipsos on behalf of MNP, which also shows the same proportion believing they will remain in debt.
Prince George-based Licensed Insolvency Trustee, Leah Drewcock says younger Canadians between the ages of 18 and 34 are more likely to be embarrassed about seeking help.
“Debt affects every age group and demographic, which is why this March at MNP we’ve launched our first Debt Literacy Month, and our goal is to provide Canadians with critical knowledge and trusted resources to help them regain control of their finances, regardless of their age.”
Drewcock says there’s a lot of misinformation in the debt advisory…