3 Ways 4 Pillars Helps Alleviate Debt Stress

Debt is a very real issue for many individuals and families throughout British Columbia as well as throughout Canada. In some cases, debt is a gradual accumulation of credit card and secured debt, which is increased by late fees and penalties as well as mounting interest on the initial debt.

There is also the reality of debt due to a loss of income. A loss of income can occur from the loss of employment, moving from a full-time to a part-time job, or even medical issues that limit or prevent an individual from working. Divorce or the death of a spouse or partner can also create challenges. Adult children may have to decrease the amount they work to care for elderly parents, which also adds to the amount they spend.

Regardless of how the debt occurred, the team at 4 Pillars is here to assist people in reducing the stress around financial issues. We do that in three ways that become highly effective in helping people to see how to work through their debt issues.

Understanding Options

The central role of a 4 Pillars debt consultant is to assess your current financial situation and provide information on the options available to reducing and eventually eliminating the debt.

Developing a Strategy

A trained and experienced debt consultant at 4 Pillars is here to walk with you through the development of a strategy to rebuild your financial well-being. This may include recommending a specific debt option or working on a budget to help manage debt.

Education on Financial Rebuilding

We work with you to rebuild your credit score and to understand how to prevent debt issues in the future. Learning effective financial strategies helps to reduce \stress right now and also prevent financial stress in the future.

For more information on how we can help, give us a call at 866-690-3328.