The Truth about Working with Debt Consultants in Victoria

It may seem like it’s too good to be true that a 4 Pillars debt consultant can help you get out of debt. The good news is that it is true. While you will still need to put in the work to achieve debt-free status, working with experienced debt consultants in Victoria is your best chance of success.

An Effective Solution

Many people mistakenly believe if they talk to 4 Pillars about their debt, they can eliminate it with no payments required. Unfortunately, there are no government programs that will wipe out your debt. Instead, Canada offers programs through qualified debt consultants in Victoria that will help you pay off your debt over 60 months with affordable payment options based on your income and other relevant factors. While it’s not an instant solution, it helps you move toward a debt-free lifestyle.

Improve Your Credit Rating

Processes like bankruptcy can hurt your credit score in the short term, but in the long run, you will get the advantage of a much better credit rating. Your 4 Pillars debt consultant in Victoria will explain the process to you and help you understand how it will work to your advantage. As you pay down your debt and get back on better financial footing, you will see your credit score increase.

Privacy

Some people hesitate to file a consumer proposal or bankruptcy because they fear it will become public knowledge. Fortunately, this information isn’t correct. While the filing will become a part of your credit report, it won’t become public knowledge. The only people who will know you took this step are your debt consultants in Victoria and anyone else you choose to tell.

If you’re thinking about meeting with debt consultants in Victoria, contact us to learn more about the process.