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Case study

Past credit defaults

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 car. 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.

*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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