Renee ran her own business and lived in a tight knit regional community. Because of her compassionate nature she offered generous financial support to family members in need. One after the other, Renee helped out close relatives until she ended up with a staggering $160 000 in personal debt, coupled with her own home loan. [...]
Continue reading...Tim’s relationship came apart 3 years ago. As the main income earner, the credit cards were in his name and he was left to pay all of the debt after the split. Setting up a new life wasn’t cheap either. He had to use his credit cards to buy brand new furniture and [...]
Continue reading...Janine had over $20 000 debt from 3 credit cards, which was barely manageable when she was working at her old job. Unfortunately, she’d been made redundant and had to take a new job earning $150 per week less. She soon found herself unable to meet the minimum repayments on her credit cards [...]
Continue reading...12 successive interest rate rises left Rachel and Steve wondering what they did wrong! Buying a home was meant to be the key to taking care of their family but the last couple of years things seem to have been getting worse. Since they first took out the mortgage the repayments have gone up $154 [...]
Continue reading...Peter was working as a Science Teacher for 20 years. While it didn’t offer an enormous salary, together with his wife Susan’s part time wage it was enough to put their 2 kids through school and cover the mortgage repayments. Together they’d paid off a large amount of their home loan. Unfortunately, Peter suddenly fell [...]
Continue reading...Mark left his job as a fitter and turner to start his own business 4 years ago. He started out with 1 courier van in the inner city. Business was going well and after 2 years he was getting more business than he could handle. Family life was going well too and he was making [...]
Continue reading...
Case Studies
0 Comments