Homeowner Loan For Debt Consolidation In Bristol Case Study
Debt Consolidation Homeowner Loan In Bristol
Discover how ABC Finance homeowner loan experts helped this client secure a homeowner loan for debt consolidation in Bristol.
The facility
Location
Bristol
Capital raised
£81,500
How funds were spent
Debt Consolidation
The request
The client was looking to raise funds to consolidate unsecured debts that had built up over the last couple of years whilst he was waiting for an inheritance to come through.
The inheritance had taken longer than anticipated to come through, which had caused a debt spiral while waiting on funds.
While in hindsight, the client would have waited before committing to spending, it was now too late and action was needed to reduce their monthly outgoings.
The solution
Due to the level of equity in their main residential property and the fact that both clients were working we discussed consolidating their debt into one monthly affordable payment.
This was then placed with a lender within 24 hours of first speaking with the client and funds were released within 4 weeks.
By consolidating the debts onto a homeowner loan, we were able to reduce their outgoings by a significant amount each month.
This removed the financial strain and avoided the risk of late, or missed payments damaging the clients credit score.
Gary Hemming
Commercial Lending Director
Why work with ABC Finance to get a homeowner loan?
Our team at ABC Finance are true experts in homeowner loans. We’re focussed on helping our clients to secure the best deal on their finance, quickly.
That’s why we offer market leading, fixed £1,495 broker fees on homeowner loans, no matter how much you borrow. Get in touch today and save thousands compared to what you’ll pay through the big comparison sites!
More homeowner loans content
Homeowner loans for debt consolidation
Homeowner Loans
Read more about homeowner loans
Homeowner loan brokers
Bad Credit Homeowner Loans
