Case Study - Andrew

Meet Andrew...

Image of Andrew

A self-employed carpenter with exceptional skills, huge passion and an outstanding ATO debt.

  • Age: 38
  • Turnover: $120,000
  • Occupation: Carpenter
  • Assets: $650,000 home
  • Liabilities: $520,000 mortgage; $10,000 credit cards


Andrew had recently been hit with a large ATO debt that required immediate payment.

He wanted to settle by releasing equity on his home but finding a lender willing to help proved difficult despite having a successful business and clean credit history. 

The last thing he wanted to do was sell his home to make this real life payment.


Luckily, Andrew knew a great broker who knew all about alternative options outside of the traditional lenders.

His broker contacted a Pepper Money BDM who advised a Pepper ‘near prime’ home loan might be the perfect real life solution as Pepper could pay it out at settlement as part of the refinance.

The Outcome

Andrew qualified for a Pepper ‘Near Prime’ product - he could pay out his ATO debt and keep his home.

zero upfront free

We're waiving upfront fees (excluding Mortgage Risk Fees) on Pepper Easy loans until 31 January 2019

This means Andrew would save at least $1,800 in fees.

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These case studies are based on real-life examples and have been provided solely for educational purposes. The case studies are not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser. Outcomes will vary depending on the applicant’s individual circumstances. All applications are subject to Pepper Money's normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply. Pepper Group Limited, Australian Credit Licence Number 286655, is the servicer of loans made by Pepper Finance Corporation Ltd ACN 094 317 647.