Case study
Bad credit
Michael became sick 4 years ago and during this time struggled financially. Unfortunately, as a result of this, he defaulted on his home loan and incurred 2 court judgements. When Michael recovered, he returned to his long term employment at a construction company, but due to his credit history he was unable to get finance to purchase a vehicle in which to get around. Liberty was able to offer Michael the loan after confirming one of the judgements had been paid in full and the other had good history of repayment through verification of the statements.
“None of the other lenders would consider my application; they simply couldn’t see past the credit history and never wanted to know the background of my situation. Liberty was the first lender to really see the bigger picture and to use more than just a checklist when considering my application.”*This case study is based on the experience of multiple customers. Details have been changed to protect their privacy.
