Debt solutions from Asset Angels

Asset Angels provides expertise and guidance in financial matters with an emphasis on mortgages and loans. The loan providers business differs from its competitors in taking the extra step in assisting people with real need in finance matters rather than providing low rate home loans to the ‘right’ candidate. One of the major areas of specialisation of the financial franchisor business is debt consolidation loan.

Almost 70 per cent of refinancing done by Asset Angels is in the area of debt consolidation. Banks agree to refinance home loans and consolidate other loans such as car loans, personal loans, credit cards and business overdrafts against available equity in the client’s property. The loan amount is limited to only 90% of the value of the property and banks generally consolidate only four to five debt items. The loan approval criteria of the financial franchisor business, however is not as rigid as the banks.

The loan providers business provides maximum loan amount even up to 100 per cent of the property value in specific cases. The financial franchisor business does not limit the number of debt items to be consolidated. Asset Angels also has provisions to accommodate mild to severe credit impairments and debt payment arrears.