The team recently recorded another great result for our referrer Nick and his client Michael.
Nick came to us after Michael had become overwhelmed by credit card debt of $148,000 and was no longer able to service the repayments.
Nick was looking to consolidate the debt by refinancing Michael’s mortgage however there was not enough equity in his home.
This is when our elite team came in and got to work, negotiating a reduction on the debts of 61c in the dollar.
This came to a saving of $91,000.
Nick was able to refinance the property and pay out the settlements with the available equity.
Snapshot
1. $148k owing in credit card debts
2. Refinance up to 80% LVR
3. $91k saving for the client
The team recently recorded another great result for our referrer Nick and his client Michael.
Nick came to us after Michael had become overwhelmed by credit card debt of $148,000 and was no longer able to service the repayments.
Nick was looking to consolidate the debt by refinancing Michael’s mortgage however there was not enough equity in his home.
This is when our elite team came in and got to work, negotiating a reduction on the debts of 61c in the dollar.
This came to a saving of $91,000.
Nick was able to refinance the property and pay out the settlements with the available equity.
