Do you have a client who needs a finance solution for a time in their life when credit impairment is affecting their options? We may be able to provide a solution through one of our panel lenders, Pepper Money.
“Many people with credit impairment can be reluctant to apply for a home loan, concerned about their ability to lodge a successful application. At Pepper Money we have a range of home loans specifically designed for people in this position. If you need help in relation to your credit history, we’ll do our best to help you find a way forward,” – Pepper Money
The severity of your client’s credit impairment will impact the interest rate they will be eligible for.
For example, if your client has a paid default or late payment up to a maximum of $500, they may be eligible for the Pepper Money ‘Prime’ loan product. You can find out more about the solutions here.
There are also options available for an unlimited amount of current paid or unpaid defaults.
Your client’s credit impairment will mean that they will pay a premium when it comes to interest rates. Pepper builds the additional risk into its interest rates which are matched to your client’s circumstances. The upside is, your client has the opportunity to jump in the market sooner and begin rebuilding their credit rating.
At Launch Finance, we strive to provide our clients with solutions for every life circumstance. If you have a client in a similar circumstance, contact us today.
Disclaimer: This is general information only, Launch Finance has not considered your client’s personal circumstances, goals and objectives. This information should not be relied upon for the purposes of entering into any financial commitment.