Success Stories

Bob & Barb

They were constantly getting charged late payment fees on their home loan because the bank took the repayment on the 8th of every month while Bob got paid on the 15th.  Bob contacted First Mac several times requesting a change of payment date & they advised him to email them requesting this change.  Bob emailed his request for the payment cycle to be changed 3 times, without success. Bob has been employed for 4.5 years and his current gross income is $94,500.00 per annum (according to payslips).
 
Barb has been a Casual Packer for 2.5 years & her current income is  $30,459.00 per annum (as per tax assessment).
 
Bob and Barb have 2 dependents 11 years & 12 years. Both have 4 credit card facilities totaling $25,700.00 plus rates arrears of $2,000.00.

Their mortgage was at $458,000.00 and their monthly credit card & mortgage payments totaled $4,125.00.
 
The solution:
FGAL explained to the new lender that the client had sound employment and was reliable, but needed to lower their mortgage interest rate and both reduce the overall credit card debt and transfer that debt to the lower rate by consolidating. Then with the reduced monthly rate they could meet all their responsibilities.
 
The Result:
Fair Go Aussie Loans was able, through their partner Choice Debt Solutions, to reduce the credit card debt from $25,700.00 to $17,200.00 saving Bob & Barb $8,500.00, then refinance them with a much fairer interest rate saving another $400.00 per month. Now Bob & Barb are back in the black and life is fun again.              

Tim & Lisa, QLD

Why did we choose Fair Go?

"The excellent way they handles our previous refinancing made the choice easy. We wanted to increase our mortgage again, this time up to $355,000.00."

Since consolidating we are saving over $450.00 a month, thanks also to the interest rate reductions. Fair Go Aussie Loans are very friendly and explain everything in layman’s terms. Again they went that extra mile and although our lender did not process our paperwork efficiently FGAL constantly followed up and chased to ensure we didn't have to do it."

John

John was paying off his $525,000.00 mortgage with Bluestone Mortgages @ 9.95% p.a. & had never missed one payment, however he could not provide taxation returns.

He and his wife also had in excess of $140,000.00 of combined credit card debt due to prolonged family illnesses. Our team was able to negotiate their credit card debts down to $57,000.00 & refinance both that and the mortgage @ 8.74% p.a.

Sandy & Matthew

Sandy & Matthew contacted FGAL to re-finance their mortgage

"Having completed our new house we looked around for refinancing and Fair Go were recommended to us as we had had a bad experience with the banks."

"We borrowed $290K (approx) at just 6.94% Our Fair Go consultant listened to what we wanted and found an option, which enabled us to pay our loan off quicker. He guided us through the application process and was always really friendly and helpful. The way we intend to pay off our loan will save us thousands over the years. We want to start a family next year and now feel that this is an affordable option."

Bill, QLD

"We needed to refinance as penalty rates were sending us broke. Your help was invaluable and right from our first meeting we became much more comfortable with the idea, as we had a couple of debt in arrears. (Fortunately the mortgage was not one of them)."

"Fair Go found the right lender and loan for our needs & we couldn't be happier with the service provided."