Well time for some good news!
Lifesaver Home Loans has state of the art finance software, which allows
us access to lenders who specifically deal with people and
businesses in financial difficulty. Just because you fell
into arrears after losing your job for a while, or became
ill for a period of time, doesn’t mean that you should
be refused credit for another five years.
This is often the reply you will receive if you try to get
finance from a traditional standard lender. Lifesaver Home Loans has
many other lenders who may provide you with the finance you
require.
Before you start thinking that this is too good to be true,
remember these lenders are not stupid! They are usually
only willing to give you a second chance if they believe
that you are an acceptable risk and that there is an acceptable
reason for why your credit problem occurred and little chance
of it re-occurring
The benefit is that you can get a second chance and some
breathing space while you get back on your feet again. After
all, how are you supposed to get out of financial trouble
if no one will help you until after you get out of financial
trouble?
The best news is when you can demonstrate your ability
to make the new loan repayments consistently for a period
of time, then Lifesaver Home Loans will be able to switch your loan
back to a standard lender and they will be much more inclined
to give you further finance in the future.
Self-Employed applicants, OK
No business Financials, OK
Credit Impaired, OK
Current arrears, OK
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