Real life ‘Mum and Dad’ customers we can help

This is Tim and Jess, real life parents who want to consolidate their debts.

Tim and Jess have two kids and there’s another on the way. They have multiple debts on top of their monthly mortgage, so things are tight. They want to secure some cash out to reduce a major liability and simplify their debts into one monthly payment to get their finances under control. Unfortunately, they’d missed some payments on their personal loans – so their existing lender wouldn’t consider their application.

How we could help: With a home loan from an alternative lender, they could get the cash they needed to consolidate their debts and reduce their financial worries.

The most common solutions we can assist ’Mum and Dad’ customers with:

Overdue or overdrawn credit cards/unsecured debts

Income from various sources

Government payments incl. family tax A&B

· Casual employment

· Child support

Missed repayments on mortgage facility

Adverse credit

· Paid/unpaid defaults

· Court judgements and writs

· Discharged bankrupt (one day)

Unlimited debt consolidation

PCL Money also regularly helps ‘Mum and Dad’ clients with:

Purchasing for investment purposes

Non-genuine savings – gifted funds accepted

Lenders that do not use credit scoring

Full Doc purchase up to 95% LVR or

Alt Doc purchase up to 85% LVR

Cash out for personal use

Self-employment