When you are living with a debt hanging over you, it can be rather stressful. This is especially the case when you start to fall behind on your payments and the debt collectors start ringing your phone off the hook. When you need debt advice, the best place to turn is to debt consultants in…
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It is important to note that only a Licensed Insolvency Trustee, or LIT, can administer a consumer proposal in Canada. Even though it is possible to reach out to a LIT directly, this may not be the first place to turn when you have a debt problem. 4 Pillars of Victoria has qualified debt consultants…
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Debt consultants in Victoria are financial professionals who help businesses and individuals with an examination of their financial situation. The primary goal is to come up with a strategy that will help the customer improve their financial security by managing the present debt that they carry. To accomplish this goal, 4 Pillars consultants will utilize…
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It is not uncommon for the people we work with at 4 Pillars to have limited if any specific education or training on credit management. At the same time, credit card companies, lenders, banks, credit unions, and even retailers encourage people to take out credit cards or to borrow money for everything from home improvements…
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For most individuals and couples in the Victoria area, dealing with debt has an emotional side as well as a financial side. There is often a stigma or a sense of personal failure that comes with debt, even in cases when the debt was due to things outside of their control. Coming in to see…
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Many people assume that debt consultants are against the use of different types of financial tools, including the use of credit cards. However, this is really a myth, with the team at 4 Pillars working with clients to provide education about the use of credit cards to avoid going into debt. There are several ways…
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Knowing what to expect from a meeting with a 4 Pillars debt consultant helps you to prepare your questions and to feel comfortable in the process. We understand it is a new experience for many of our clients, and talking about financial challenges can be a very difficult conversation. Every 4 Pillars debt consultant is…
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A common misconception people in and around Victoria have about debt is that there is only one way to approach the problem. In fact, in working with debt consultants, individuals and couples may find there are multiple options to consider based on the amount of debt, your income level, and other financial considerations. Debt Consolidation…
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Getting a college or university degree is a goal for many students. This may include going to the University of Victoria, UBC, or even to Simon Fraser in British Columbia, or any of the many top educational facilities throughout Canada. Regardless of where you attend undergraduate or postgraduate courses, it is likely you will have…
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It is not uncommon for people to have multiple types of debt. Most Canadians have some form of debt for housing, which may be a rent or a mortgage payment, as well as debt on at least one vehicle. In addition, most Canadians have at least two major credit cards, with 41% having a credit…
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