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From Sleepless Nights to Financial Freedom: Tackling Consumer Debt
Drowning in debt doesn't have to mean the end of your homeownership dreams. Our latest conversation tackles the often overwhelming challenge of high-interest consumer debt that keeps many New Zealanders up at night.
We've seen it all—car loans with eye-watering 20-25% interest rates, cultural obligations creating financial strain, and predatory lenders taking advantage of desperate situations. One client's story particularly stands out: when his car unexpectedly broke down, he faced a 15% interest rate from a predatory lender. Once they learned he was working with us, they dropped to 12.5% (we still secured 9.5%). This real-world example demonstrates how vulnerable consumers are when making urgent financial decisions.
The impact of these high-interest loans goes beyond monthly budgets. Many mortgage lenders view substantial car payments as red flags, effectively placing homeownership out of reach. By refinancing these debts, we've helped clients save $200-300 monthly—often the exact difference needed to qualify for a home loan. We've even consolidated debts up to $80,000, transforming seemingly impossible situations into manageable pathways forward.
What makes our approach different is understanding that debt doesn't always stem from poor choices. For many Pacific families, cultural obligations like international travel for funerals create unavoidable financial burdens. We offer solutions without judgment, focusing on practical steps forward rather than looking backward.
Are you struggling with debt that's keeping you from achieving your financial goals? Or do you know someone who needs help escaping the high-interest trap? Reach out today—while we can't promise miracles for everyone, we might just have the solution you haven't considered yet.
Send us a text
Support the show
Buy your first home in NZ Weekly Webinars
You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are!
Join Here - https://bit.ly/4m9SL72
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By Zebunisso AlimovaDrowning in debt doesn't have to mean the end of your homeownership dreams. Our latest conversation tackles the often overwhelming challenge of high-interest consumer debt that keeps many New Zealanders up at night.
We've seen it all—car loans with eye-watering 20-25% interest rates, cultural obligations creating financial strain, and predatory lenders taking advantage of desperate situations. One client's story particularly stands out: when his car unexpectedly broke down, he faced a 15% interest rate from a predatory lender. Once they learned he was working with us, they dropped to 12.5% (we still secured 9.5%). This real-world example demonstrates how vulnerable consumers are when making urgent financial decisions.
The impact of these high-interest loans goes beyond monthly budgets. Many mortgage lenders view substantial car payments as red flags, effectively placing homeownership out of reach. By refinancing these debts, we've helped clients save $200-300 monthly—often the exact difference needed to qualify for a home loan. We've even consolidated debts up to $80,000, transforming seemingly impossible situations into manageable pathways forward.
What makes our approach different is understanding that debt doesn't always stem from poor choices. For many Pacific families, cultural obligations like international travel for funerals create unavoidable financial burdens. We offer solutions without judgment, focusing on practical steps forward rather than looking backward.
Are you struggling with debt that's keeping you from achieving your financial goals? Or do you know someone who needs help escaping the high-interest trap? Reach out today—while we can't promise miracles for everyone, we might just have the solution you haven't considered yet.
Send us a text
Support the show
Buy your first home in NZ Weekly Webinars
You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are!
Join Here - https://bit.ly/4m9SL72