Meet Rachel...
Rachel* is 42 years old and recently became the proud owner of her dream home.
![Broker helps self-employed client reduce monthly repayments smiling woman consolidates debts to own her dream home](/adobe/dynamicmedia/deliver/dm-aid--64879732-3b97-482d-b4a2-6d12b3415042/case-study-rachel-320-x320.png?preferwebp=true&quality=85)
Background
- Meet Rachel - a new home owner looking to get her finances under control
- Rachel is 42 yrs old and recently became the proud owner of her dream home.
- She also has three debts, each with high interest rates
Her current situation
- She’s found it difficult to keep her finances under control with multiple payments
- Luckily her broker knew that consolidating debts into a personal loan could provide a lower interest rate and help manage her finances with a consolidated repayment. Plus, there would be no fees to apply
- Finding it difficult to manage four large repayments each month, Rachel is looking to consolidate her three debts into a single personal loan.
Real life solution
- Rachel applied for a Pepper Money Personal Loan online and was able to consolidate her three debts into one personal loan repayment. The funds were then dispersed within 48hrs.
All applications are subject to Pepper Money's normal credit assessment, loan suitability criteria and lending limits. Terms, conditions, fees and charges apply.
* Fictional scenario. These case studies are based on real-life examples, are not testimonials and have been provided for educational purposes only. They 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. Applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply.
**No fees apply. However, we may pass on to you any third party enforcement or recovery costs incurred by us. Settlement times may vary depending on individual circumstances.
^The personalised interest rate may change if incorrect personal information or security details are provided. In some circumstances, the credit provider may require further information in order to provide a personalised interest rate.