It is not uncommon for couples or partners in Victoria to have very different levels of comfort with debt. Some people become anxious and stressed with small balances on credit cards and personal loans, while other people are more comfortable with higher levels of debt. Debt and financial issues such as budgeting can also be…
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The average debt for Canadians was $23,496 in the first quarter of 2019. This information, reported by Equifax, was a 3.2% increase over the previous year, with the highest average debt ($34,527) reported for those Canadians age 46-55. People in Victoria, as well as those across the country, do not plan to get into debt.…
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For many consumers in the Victoria area, the concept of good debt may seem impossible. However, debt consultants, as well as other financial professionals, do see debt as either a good type of debt or as a bad financial decision. Good Debt A simple and straightforward definition by debt consultants is that good debt adds…
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One of the first things that many people look at to solve debt problems is a debt consolidation loan. Our debt consultants at 4 Pillars may recommend this option to individuals and couples in the Victoria area. However, it is not always the right solution. In these cases, our 4 Pillars debt consultants may recommend…
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