Paula and her husband bought their house in 2008 and undertook a number of home improvement projects on the property. They had funded the projects with a mix of credit cards and loans, resulting in 18 live credit agreements by the time Paula got in touch with Acorn for help. Juggling so many agreements was giving Paula and her husband sleepless nights and they were concerned about falling behind with payments.
Paula called Liz, our Lending Manager, who she had a great relationship with already and they arranged to meet for coffee and discuss the situation and options available. Following an open and honest conversation that reviewed all the credit arrangements Paula was managing, Liz was able to structure a consolidation solution. This involved consolidating nine of the 18 arrangements into one more manageable monthly payment. Many of the remaining agreements only had a short term remaining on them so it wouldn’t have been financially beneficial for Paula to consolidate them.
Paula’s monthly commitments reduced by over £1,000 per month and considerably reduced the amount of interest payable. This gave Paula and her husband huge peace of mind and made managing her finances that much easier.
What the clients say
‘Liz was brilliant. We had got into such a state trying to juggle our finances and she calmly took us through the best solution to meet our needs and budget. I really couldn’t recommend Acorn highly enough. We’ve gone back to enjoying our home knowing that we can afford our monthly repayments.’ Paula, consolidation loan customer.
Let us help you
Here at Acorn, we can provide solutions for all your financial needs. As an independent lender, you could have the money you need within 24 hours. Get in touch with us today or call us on 01534 618628, or visit the consolidation loans page for further information.