How to Tell If You Need Debt Consultants in Victoria

Deciding to work with a debt consultant like 4 Pillars in Victoria is a highly personal choice. However, there are some clear warning signs your debt has gotten too significant to manage yourself. The following are some of the signs you should make an appointment with our debt consultants to discuss your options.

You Rely Heavily on Credit Cards

Once you reach a point where your credit card payments are so high you need to rely on them to pay for everyday expenses, you need assistance reducing your debt. The higher your debt payments are, the less disposable income you have to pay for things like groceries, gas for your car, and other daily expenses. You should be able to pay for these things without relying on credit cards.

You Can Only Make the Minimum Payment

Paying the bare minimum on credit cards often leaves you paying your credit cards for much longer with more interest over time. If you find you can only pay the minimum regularly, it’s time to talk to a 4 Pillars debt consultant about your options. They can help you find the right solution to pay off your debt more quickly without stressing your budget.

Living Without a Budget

Budgeting isn’t the most exciting task, but it’s essential to ensure you aren’t overspending against your income. Debt consultants in Victoria can often help you set a budget that makes your debt more manageable and prevents you from increasing your debt too quickly. Setting a budget ensures you have enough money to go around without living outside your means.

No Savings

It’s essential to have savings to cover any unexpected expenses in the future. If you’re unable to save money each month, it’s time to talk to debt consultants in Victoria to help you eliminate your debt so that you can get back to saving.

If any of these situations apply to you, contact us to talk to a debt consultant today! We can help you get your finances back on track.