Every day, thousands of Canadians wake up to major financial issues. It may start with a few late bills and then disaster strikes, and you may find it very difficult to get back on track paying all your bills. When you choose a 4 Pillars debt relief consultant in Victoria, you have assistance with your debt problems. In fact, you may need to take out bankruptcy or perhaps a consumer proposal. However, debt consolidation can be a better solution, and it comes with many benefits. Let’s explore some of the good things this financial strategy can bring. Financial Problems – What Are Your Options? When you have problems meeting your financial obligations each month, you have four main options: * Counselling * Debt or Bill Consolidation * Consumer proposal * Bankruptcy Your 4 Pillars debt relief consultant in Victoria can help you with all four of these options. For example, with proper credit education, you may find a way to pay down your bills. Also, if you have some major concerns, this could be a good time to think about debt consolidation. How Does Debt Consolidation Work? Although it may seem counterproductive to solving debts, with debt consolidation, you literally borrow your way out of trouble. Now you might be thinking that borrowing got you into trouble so how can it possibly be the answer? Here is an example of how it works. John and Mary owe $20,000 in unsecured debt. They have charge card payments totaling $500 a month (18-22 percent interest) and a personal loan (16 percent interest) payment of $200 each month. By taking out a $20,000 loan for 15 percent interest, they’ll only pay $476 a month and pay off the debt in five years. This is just one of many ways a 4 Pillars debt relief consultant Victoria can help you. Your 4 Pillars Debt relief consultant in Victoria can help you take care of a wide range of debt issues. To explore your options, go to our homepage at https://www.4pillars.ca/ now. 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...