How we helped EM to eliminate $55,189 of debt for $9,500 in 12 weeks

Case Studies

EM (name has been changed for privacy purposes), a schoolteacher, had recently been through a separation, and found herself left with the debt that her and her partner had spent on setting up their lives together.

EM discovered that not only did she have defaults on her credit report, but it would take her over five years to pay back the debt – and that’s without interest being added. She was feeling overwhelmed by it all and resigned to only ever being able to rent.

How We Helped:

Luckily, EM contacted us at Fix Bad Credit. Her Fix Bad Credit personal debt solution expert assessed her situation and explained some recommended options. After carefully considering her options, EM decided to go ahead and asked us to assist her with the tailored debt solution option she felt best addressed her situation.

12 weeks later the $55,189 debt was settled for a lump sum payment of $9,500. EM is now looking forward to starting the hunt for her own home, 5 years earlier than she thought possible

B M Peachey

B M Peachey, has over 15 years of experience investing in property and the stock market, in both New Zealand and Australia. She has a post-graduate degree, with qualifications in Finance and Mortgage Broking and in Accounting and Bookkeeping. She is passionate about ensuring people have access to credible, reliable, and easy to understand information to help them get in control of the life they REALLY want to live.

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    Disclaimer: The information in this article is general in nature as it has been prepared without taking account of your specific objectives, financial situation or needs. Therefore, you should consider whether the information is appropriate to your circumstance before acting on it, and where appropriate, seek professional advice from a finance professional such as an adviser.