Debt Consolidation – How a Debt Consolidation Mortgage Can Help
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Here’s an example from a client of the Australian Lending Centre – Gerry.
Gerry had an unexpected expense pop up – he was half way through paying off his mortgage and his brother-in-law (who owns a tow truck business) urgently needed to repair his tow truck. His brother-in-law had been refused by the bank (due to a bad credit history) and having asked his family and friends, there was nobody in a position to help him. Gerry’s sister then started “nagging” him to help and his Mum called daily with the “look after your sister” and “blood is thicker than water” routine. He decided he wanted to help but the equity in his home was locked up.
Gerry contacted the Australian Lending Centre and refinanced his mortgage to free up the cash needed to help his sister’s family. He also managed to get a lower interest rate and some funds behind him to accommodate any future emergencies at a moment’s notice. He took the opportunity to pay off 2 credit cards and a store card whilst he was at it – a classic debt consolidation mortgage.
Needless to say the Australian Lending Centre now provides finance to all of Gerry’s family… and Gerry hasn’t paid for a tow ever since!
DEBT CONSOLIDATION MORTGAGE QUICKLINKS
Debt Consolidation Mortgage - What is Debt Consolidation Mortgage
Debt Consolidation Mortgage - How to Apply for a Debt Consolidation Mortgage
Debt Consolidation Mortgage - Benefits of a Debt Consolidation Mortgage
Debt Consolidation Mortgage - Examples of Debt Consolidation Mortgages
Debt Consolidation Mortgage - Who Can Apply for a Debt Consolidation Mortgage
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