A short YouTube clip from Aaron Whybrow (Diagnostics and Finance) advising homeowners who have fallen behind on personal debts (credit cards, personal loans, car loans, tax debts) that some lenders will offer a second chance via consolidation against home equity. He explains the typical verification required (payslips, bank statements), emphasizes that overdue payments may be overlooked by these lenders, and invites viewers to contact him for help.
Hey, it's Aaron from Diagnostics and Finance. Have you had life happens to you? What I mean about life happens, one is might have lost a job temporarily and that might have been recent or six months ago and you've started to get yourself back on track. The problem is there's maybe an overdue credit card or a late in arrears personal loan or even in arrears car car loan or you might have had the unfortunate going to a debt collector. Is there any option for you to be able to get yourself out of that, especially if you own a home and it was just a particular circumstance that you went into to be able to have this happen? Well, let's have a look. Can you do something? Yes, you can. There are lenders out there that want to give you a second chance if you own property and there's some equity in there. Let's get what you owe on your house and all these other debts together and see if we can get some numbers to work. Obviously same verification as you would normally do. Payslips, bank statements and we'd all have a look at that and package it together. But the difference is that these lenders will overlook those overdue payments because we want to get people out and onto the right track again. So if you're a homeowner and you've got some overdue accounts, whether it's from ato, personal loans, car loans, credit cards, and you want them all tied up into one to be able to save some money, please reach out to me, more than happy to go through your circumstances and see what we can do to get you back on the right track. And we also know, and these lenders know, that you're not going to be there for the long term. So you don't have to have it for 30, 40 years. You can just have it for the period of time that we need to monitor you to get you out and back on track. Hey, it's Aaron from Diagnostics and Finance. If you're in that situation, comment below or reach out to me personally. All right, bye for now.
