about financial issues is becoming increasingly more of a part of
daily life for people and families across Canada. The same is true in
Victoria, with an article in the Times Colonist, the Canada Mortgage
and Housing Corporation reports that Vancouver and Toronto have the
highest household debt to disposable income levels, while the Greater
Victoria areas follow in third place.
debt to income ratio or DTI is the amount of income that a family
makes compared to the amount of debt owed. In the 2018 report, this
number was 189, which means that for every dollar a family had to
spend on disposable income, they already owed a dollar and
With a Debt Consultant
are different options to consider to move from owing money to
creditors to living a debt-free life. As there are different ways to
approach debt, working with a 4 Pillars debt consultant provides a
personalized, customized approach to paying off your credit cards,
loans, and other types of debt.
debt consultant at top debt restructuring companies like 4 Pillars is
highly experienced in designing debt repayment plans, and financial
management. They can assess the current levels of debt, design a
structured repayment plan, that allows for the repayment of the debt
without incurring the high fees and interest that compounds the
The first step in working with a debt restructuring consultant at 4 Pillars is to schedule an appointment. Bring information and documentation on current debt, income sources, assets, and other relevant financial information. The consultant may also request additional information, and having it on hand for the initial meeting helps in getting the debt settlement process started quickly.
If you are in the Victoria area, a 4 Pillars debt consultant is available to meet with you to discuss your debt concerns. To find out more, visit our website at 4pillarsdebtconsultants.ca.
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