When we take stock of our finances, it can be easy for our debts to overwhelm us.We see our credit card balances and other consumer debts, and we can feel as if there is no hope that we will ever pay off our creditors.It’s sad to see so many Canadians struggling to manage their finances. By the end of this short guide, you’ll know more about debt consolidation than most Canadians.And when it comes to debt, things become really murky. I’ll answer the questions I hear all the time from 4 Pillars clients including: Debt consolidation involves taking out one big loan to pay off many small loans.One slip and a forgotten payment can end up costing your wallet and credit score. You could spend decades trying to pay these back with minimum monthly payments.Consolidating debt to a single, automated, monthly payment simplifies your borrowing process and allows you to focus on what matters. Debt consolidation saves you time, money and hassle.Our goal is to provide you with expert advice about your debts so that you can resolve your situation successfully.If you’re stressed and having trouble paying your debts, get help sooner than later.
This allows you to determine when you want to pay off the loan with one fixed monthly payment rather than confusing multiple payments at different rates. In a lot of cases, you can also reduce your interest rates, especially in the case of holding high-interest credit cards.
Our appointments are either in-person, in one of our offices, or over the phone; whatever is easier for you.
The appointment doesn’t cost you anything, it’s completely confidential and without obligation.
Getting help from us is as easy as giving us a call or chatting with us online.
We know that it can be hard to ask for help with your debts, so we do everything we can to answer your call quickly, provide you with the information you are looking for and book you a free credit counselling appointment if that’s what you need.