Secured Loan for Debt Consolidation

A broker reached out for assistance with a complex case. The client's, a married couple both employed, have built up various debt over the years. A second charge solution was needed to pay off their existing second charge and other credit card debts.

Previous debt with various lenders and an existing second charge loan meant the clients were repaying multiple loans a month. Our broker’s priority was to secure a loan that would cover the cost of the existing debt and reduce the client’s monthly payments.

Our team of experts set to work on finding a solution tailored to the client's circumstances. A desktop valuation was done to speed up the process. This kept costs to a minimum and resulted in an offer of the full amount within a month. The lender settled all debt direct to the creditors, saving the clients the hassle and resulting in a speedy completion. Overjoyed with the simplicity of the process, the clients now only have one monthly payment to make.