This is a very common question and one that can depend on different factors. After choosing to restructure your debt, the most important next step is to rebuild your credit rating. 4 Pillars has one of the most comprehensive credit rebuilding programs in Canada. It is a proven and effective strategy for rebuilding a strong credit score. This program is free to all previous 4 Pillars clients and is HIGHLY recommended. On average, it takes between 1 and 3 years to reach a score of 650 or higher.
Our plans include multiple pre-approved financial products that, when used in combination, create higher credit rebuilding scores over the use of one product.
If you do not begin immediately rebuilding your credit rating, it will take many years to so. Credit rebuilding requires a consumer to obtain new credit and use it responsibly.