At Comprehensive, we understand that not all in life goes according to plan, and due to poor financial management, a change in financial or personal circumstances, or due to circumstances beyond your control, your credit rating may well have been detrimentally affected.
Credit Impaired facilities are specifically designed for such clients.
Depending on the level of impairment (i.e. the number and severity of the credit defaults), we have access to a number of Lenders who overlook such impairments and will provide loans to clients experiencing such circumstances. These products can also be provided in a Low Doc format.
Please understand that there will always be a premium added to the interest rate with these products in order to offset the increased credit risk perceived by the Lender.
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