Credit Impaired Loans

Have you a default listed on your credit file, maybe are a discharged bankrupt or have a part IX debt agreement and are having difficulties getting finance?

At Professional Finance Brokers we understand that sometimes good people experience difficult times maybe through no fault of their own however they learn from their mistakes and should be afforded a second chance. Their are many different levels of credit impairment and depending on your individual circumstances we have access to many different lenders that offer specially designed products to provide you with that second chance.

Whilst a credit impaired loan may represent a specific product solution usually they are offered at a higher interest rate. It is also important to be able to demonstrate that you have the capacity to repay any loan you are seeking as a credit impaired lenders still needs to make a commercial decision on your ability to the repay the loan and not just judge you on your past track record. Lo-doc credit impaired loans are also available however some lenders will require a larger deposit than normal to provide this type of product.

So if you would like more information or would like to apply for a credit impaired loan why not give us a call on (07) 3349 9044 or contact us now.