Real life story - credit impaired business owner

Unexpected life events such as a failed business venture can often lead to significant financial stress. When this pressure becomes unmanageable, incidents such as missing payments and not submitting tax returns may occur, resulting in defaults on your credit file. Looking for a home loan in this situation can often be a challenge. Don't despair, there is a plan b.

Watch how Tim, his wife Lisa and Merlin the fish* got their finances back on track with a Pepper Money home loan. 

How we helped Tim and Lisa get a fresh start

Tim's real life situation

  • Self-employed and no tax returns
  • Bad credit rating
  • Refused credit from another lender

Pepper's real life response

  • Individual assessment of Tim's situation - looking at the cause and current status of the missed payments 
  • By using the business banking statements and an accountant's letter Pepper could see Tim's income was good 
  • A Pepper Easy home loan with flexible repayment options 


Thanks to Pepper Money, Tim and Lisa got their house just in time for the arrival of their baby.

We get that real life happens, so talk to a Pepper Money Lending Specialist about your home loan options today on 13 73 77 or speak to your Pepper Money broker, they're there to help.

*Names and some details have been changed to protect peoples' confidentiality. Of course, outcomes will always vary depending on individual circumstances. All applications are subject to thorough credit assessment and loan suitability criteria. And terms, conditions, fees and charges will apply. The real outcome we're after is to make sure it's the right thing for you.

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