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Kelly and Mark's Caravanning Adventure

About Kelly and Mark

Veterans Kelly and Mark dreamed of a grand tour of Australia. But bad credit stood in their way...


After their careers in the Defence Force, veterans Kelly and Mark were looking into taking a long holiday touring Australia. As their plans for a grand tour started to take shape, they began looking into caravans to make this dream a reality.

As discharged bankrupts, they knew that getting finance for a caravan might be tricky. “But surely that’s in the past?“ they told themselves. “We receive a steady income from our Vet Affairs Pension and are much better at managing our finances now.”

Despite positive thinking, the bank saw their loan application differently. The bank, wary of Kelly and Mark’s unemployment, were not willing to consider their application. With their dream adventure in jeopardy, Mark and Kelly called Rapid Finance. And they’re glad they did.

Age

64 and 52 years old

Employment

None

Income

$5,000 per month from Vet Affairs Pension and Centrelink

Past Credit History

Discharged bankruptcy

How We Helped

  • Step 1

    We showed that the Vet Affairs pension was a regular and permanent source of income for the couple.

  • Step 2

    To increase the chances of loan approval, we were able to use their current vehicle as security for the caravan loan.

  • Step 3

    After considering their personal and financial circumstances, we were able to match their situation with an ideal caravan finance solution.

The Outcome

Mark and Kelly got their caravan (and their holiday!)

The couple were able to borrow around $15,000 to finance their new caravan, ready for a grand tour around Australia.

Mark and Kelly had bad credit, and they got finance. How could we help you?
Apply for Finance Now

Other People That Rapid Has Helped

Please Note:
These case studies are based on actual outcomes we have achieved for real people. Their names and photographs have been changed.