Meet Adrian and Rebecca...
A couple who were looking to get back in control of their finances after their whole town had lost their jobs overnight.
- Age: Adrian is 30 and Rebecca is 28
- Occupation: Adrian is a warehouse worker and Rebecca is a security officer
- Income: Adrian earns $97k and Rebecca earns $70k
- Assets: House valued at $700k
- Liabilities: $50k
Adrian and Rebecca are from a mining town in Tasmania where overnight, the whole town lost their jobs.
As a result, Adrian and Rebecca lost 3 investment properties and fell behind on the mortgage repayments of their home in a matter of months. They relied on multiple credit cards to cover their living expenses and bills in the initial unemployment period, but fell further in debt.
Determined not to lose their home, Adrian and Rebecca found new jobs in a town about 50km away. They were still struggling to make all their repayments and required a solution that would help them get back on top and in control of their finances.
Their broker recommended Pepper Money‘s Specialist Full Doc PLUS product which accepts more than one month of mortgage arrears (within last 6 months) and consolidation of more than four debts (including ATO debt). Adrian and Rebecca were thrilled to be able to keep their family home and take back control of their finances.