Consolidate and Reduce your Debt

BBB Torch Award Finalists – 2018

Posted by on Nov 27, 2018 in General | 0 comments

We are excited to announce that our office 4 Pillars Victoria | DebtVictoria were Finalists for the Victoria BBB Torch Awards for the 3rd time. The Torch Award is given out by the BBB (the Better Business Bureau) for the purpose of recognizing businesses who regularly display excellence in their work and their local community. It is presented in recognition of their commitment to the BBB standards of Trust to benefit their customers, their...

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Are People in Debt Irresponsible?

Posted by on Mar 1, 2018 in Debt Reduction | 0 comments

JUDGENT WARNING – “People Who Get Into Debt Trouble Are Irresponsible With Their Money” – True or False? Let’s dispel some common negative myths about people who are in debt: We often get comments on our Facebook feed and find blogs written by people who say things like: “People who gets in trouble with debt are irresponsible. They should be made to pay their debts because I pay my debts off….” I have even seen some very uninformed people say...

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Conflict of Interest with Some Debt Relief Companies

Posted by on Aug 24, 2017 in Debt, Debt Reduction | 0 comments

When seeking advice on how to deal with financial matters it is very important for consumers to consider an advisor who can be unbiased and impartial. If that is not possible then it is important to at least understand when a conflict of interest or bias lies, and how it may affect the advice given to you from and advisor. As long as a consumer understands this they can ask better questions and make more informed decision when taking advice...

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Banks Profit Off of your Debt!

Posted by on Mar 8, 2017 in Debt | 0 comments

Here is a new article by CBC considering some of the aggressive sales tactics of big Banks in Canada, and how they may be giving skewed advice that benefits themselves but hurts their clients! I like the fact that some of the branch managers are finally starting to speak up about what banks want out of their customers and how they make money. Most of us in the financial industry have always known that banks make a large part of their profits by...

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A Big Break for Canadians with Student Loan Debt

Posted by on Jan 20, 2017 in Student Loan Debt | 0 comments

There is exciting news about Student Loans for anyone struggling to repay their student loan from the Federal Government. The Government of Canada announced in late October that people with student loans will not have to make payments on their student loan if they are earning less than $25,000.00 per year. From our understanding, a student will still need to apply for this program by going on the student loan website and applying for Premium...

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