What’s so special about the number 4?

These lovely clients were feeling the cashflow pinch on a couple of fronts. Although they had chipped away at their home loan steadily over the years, they had built up balances on a couple of credit cards, taken out a car loan and a holiday club loan. They were overwhelmed by the high repayments on the consumer debts and just felt they weren’t getting ahead.

We worked through their position in detail and then with some savvy savings strategies and smart refinancing we were able to consolidate their consumer debt into one loan. With the reduction in interest rates and restructure, by keeping the same total overall repayments, we were able to show them they were on track to pay off their consumer debt and their home in four years!