What You Should Know About Debt Management

by | Jan 25, 2018 | Business, Business Services

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No one wants debt hanging over them. Large amounts of debt can set back long-term financial goals, stifle bank accounts and create stress, anxiety and depression. However, thousands of people across the country find themselves dealing with situations involving high amounts of debt, with no clue of how to rescue themselves from it. No matter how or why your debt exists, trust there is always a way to improve your situation. You can trust a 4 Pillars consultant in Victoria to help you. Here is a bit of information regarding your options for debt management.

What We Do

All too often, those in debt end up putting themselves in further debt while trying to take care of payments they can’t afford; they take out loans to cover a credit card payment, but will also have to pay back the loan in addition to their credit card bills. The mission of every 4 Pillars consultant in Victoria is to help you find a plan to consolidate your debt, lower your monthly payments and become debt free. By participating in this process, you will review all debt management options designed to make your debt easier to manage by giving you smaller payments to deal with each month.

How It Works

How much your credit card payments will be reduced ultimately depends on your personal situation. When you work with a 4 Pillars consultant in Victoria, the two of you will go over your finances and budget to determine the most affordable rate for repayment. From there, the consultant will take care of creating a strategy to arrange the new repayment rate. In most cases, you will then be able to take care of your debts within anywhere from 3 years to half a decade (or approximately 5 years). This plan comes with either zero interest or reduced interest.

If you’d like professional help from an experienced 4 Pillars consultant in Victoria, get in touch by calling (866) 690-3328 or visiting our website.

Disclaimer: All 4 Pillars Debt Relief Specialists are independent consultants that represent and advocate for the debtor during their insolvency and throughout their financial rehabilitation. 4 Pillars Debt Relief Specialists are not Licensed Insolvency Trustees, Lawyers, or Non-profit Credit Counsellors.