When you’re struggling to pay down your debts, you may feel like you have nowhere to turn. The good news is that 4 Pillars can help with Debt Consolidation in Victoria. This option is available to provide individuals with the solutions they need to overcome their debt and secure their financial future. Before you get started, it is important to determine if you qualify for a consolidation loan.
Monthly Debt Payment Percentage
One of the first things 4 Pillars will look at is how much your payments toward your debt are each month. If these payments equal more than 20 percent of your monthly income, chances are you qualify for debt consolidation services. These high payments can indicate financial instability. If you meet this threshold, it can be valuable to meet with a debt consultant to learn more about your options.
Explore Your Options
Once you determine if you are eligible for a debt consolidation program, you will need to understand more about available options to help you make an informed decision. Working with a debt consultant from 4 Pillars will ensure you get the most accurate information that applies to your unique financial situation. They can recommend the most appropriate options to ensure you can get out from your struggle with debt.
Improve Your Financial Situation
Everyone deserves to improve their financial situation. Not everyone gets into debt because of careless mistakes. Many people build up debt for reasons beyond their control. By pursuing a debt consolidation loan in Victoria, these individuals can get out from under their debt without worrying about making high payments for long periods. By working with an experienced 4 Pillars debt consultant, individuals can improve their financial situation for a better future.