Case Study - Informal Arrangement

Lesley has been made redundant from her job and has fallen behind in repayments following a period of no income because she was not working.

In the past, her repayment history has been exemplary and it is only due to these unfortunate turn of events which has lead to the current lapse and she is now receiving reminders from her creditors which she finds very distressing.

Lesley: Overview of current position

 Loan

 Balance $

Monthly Payment $ 

 Home Mortgage 

 90,000

 700

 Home Improvement Loan

15,000

 320

 

 $105,000

 $1020

Lesley had found a new job and now works part time at a florist. 

AFS Debt Solution

Lesley contacted Australian Financial Solutions.  Following a simple telephone call, an AFS consultant was able to negotiate with her creditors to allow a deferment period on her commitments. 

This gave her the necessary time to get her affairs back in order and she is now back on track to reducing her debt.

Contact us now at AFS on 1300 237 669 to discuss the debt relief solution that best suits you and take the next step on the path to your financial freedom.

(this case study is an example only and is not an account of an actual case)