She was able to borrow $8,000, purchase a new motorcycle and set up the foundations for building a stronger credit history.
Rachael would be first to admit that her credit history isn’t perfect. Although she was discharged from bankruptcy years ago, she suspects that it’s still affecting her credit history. This isn’t helped by a couple of recent slip-ups, including direct debit overdraws on her bank account and a default on a utility bill.
But for the most part, things are looking up for Rachael. After completing three months with her new employer, she has been offered a full-time position. She also recently saved up enough money to purchase a new car.
With her situation improving, Rachael began looking into ways to fixing her credit history. She decided that a bike loan would be a manageable financial commitment ideal for rebuilding her credit history, whilst indulging her interest in motorcycles. But would anyone be willing to lend to her? That’s where Rapid Finance came in.