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…
Read more
One of the many services provided by a 4 Pillars debt consultant is education about financial planning and management. This is a critical aspect of debt management for people in the Victoria area, helping to provide a strong foundation for rebuilding credit and successfully managing finances in the future. Interest rates are not something that…
Read more
Most people in and around Victoria are aware of the concept of a debt consolidation loan. These loans may be recommended by debt consultants if the client meets specific criteria. As a general overview, a debt consolidation loan is a large loan taken out to pay off all the debts for the individual or the…
Read more
In Victoria, as well as across Canada, consumers have different options to consider to address challenges with debt. Not all of the options are right for all situations, which is why working with a debt consultant from 4 Pillars provides the specific insight and recommendations based on the unique situation. When people in Victoria research…
Read more
Your credit score is like a financial report card. All aspects of how a consumer handles money, including prompt and full payments, debt balance, and even inquiries on the credit score all impact the final score. In Canada, there are two different agencies that monitor credit. These are Equifax Canada and Trans Union Canada. 4…
Read more
Making the choice to work with a 4 Pillars debt consultant allows you to understand your options and to move forward with a plan in reducing and eliminating debt. The first meeting with one of these highly qualified professionals in and around Victoria is a chance to review your current financial and debt situation. This…
Read more
Credit cards are a form of unsecured debt. This means that people in Victoria do not have to put up any collateral for the ability to use credit to make purchases. The credit card company charges interest for the use of credit, and this interest can be substantial. Unfortunately, many people in Victoria become bogged…
Read more
The goal for many in Victoria and the surrounding area is to live a life free from debt. In reality, most people will have some level of debt in their life. However, it can be managed and minimized to work for the individual rather than costing them money. At 4 Pillars, the debt consultants work…
Read more
Unexpected situations can occur in life that derail the best of goals, plans, and intentions. Often these unexpected situations have an impact on our finances, and this creates the risk of falling behind on home, vehicle, and other types of payments and bills. There are three ways to help to minimize the impact of negative…
Read more
Making the decision to use a 4 Pillars debt consultant is an important step in creating a positive financial future. People in Victoria can meet in person with their debt consultant, or they can schedule meetings online or by phone. The first meeting with a 4 Pillars debt consultant is an exploratory meeting, where the…
Read more