Are Your Clients Struggling With Their Finances? We’re Here to Help!

Client:? Mr & Mrs

Loan Type: Second Charge

Loan Amount Required: ￡140,000

Purpose: Debt Consolidation

Case Type: Packaged

?

Our clients are a married couple, both employed, who have built up various debts over the years. Seeking an additional second charge loan to pay off their existing second charge and other credit card debts, their broker reached out to us at Crystal to assist with the case.

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 the best solution from our panel of lenders, to allow the broker to present the most suitable product for their client’s circumstances.

A desktop valuation was done to speed up the process, whilst keeping costs to a minimum, resulting in an offer of the full amount and 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.

The Success Story

Loan Amount: ￡140,000

LTV: 63%

Client: Overjoyed