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Case study

Past credit defaults/Changing your home loan

David and Pauline, a young couple with 3 children under 6 years of age, found they needed to relocate as the 2 bedroom apartment they lived in was just too small. They decided to sell the apartment and needed finance to secure the purchase of the new and larger property. Their finance options were limited with mainstream lenders due to David’s blemished credit history including: 2 utility defaults and 1 paid court judgement.  Liberty was able to appreciate the credit issues David and Pauline had. The family now has a lot more space to live in and even a small backyard for the children to play in.

*This case study is based on the experience of multiple customers. Details have been changed to protect their privacy.

Industry Associations Credit Ombudsman AFCFBAA MFAA
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