Jarred’s Debt Consolidation

The Overview

Jarred is single and is in full-time employment. He has few assets but does own a car worth $11,000. He has numerous small debts and a few credit cards. 
BalanceWeekly Repayment
Credit Card 1$3,500$90
Credit Card 2$3,100$80
Cash Loan$600$120
Telephone Bill$1,000$100
Total$8,200$390

The Problem

Jarred is unable to meet his weekly repayments and pay for his daily living expenses.

Our Positive Solution

Jarred approached Debt Rescue to find a solution.Through our referral partner, Positive Solutions Finance, Debt Rescue was able to work with Jarred to find him a suitable lender to consolidate his debts into a personal loan.

The Outcome

Positive Solutions Finance was able to find a lender who was willing to lend Melvin $8,500. Now he is able to refinance all of his debts into one loan and substantially reduce his weekly repayments to allow him to meet his daily living expenses.Jarred is happy knowing his repayments have been reduced from $390 per week to $70 per week.

Debt Rescue has helped thousands of Australians out of Debt Problems.

If you would like one of our caring team to help you out of Debt contact Debt Rescue on 1800 00 3328 or fill out our simple enquiry form.