Tom was able to borrow $15,000 to buy a new Station Wagon and take care of outstanding debts. With his new loan, he could move on.
Tom was going about life as usual, until a serious work accident caught him unawares. Unable to work and stuck on permanent WorkCover at 70% of his wages, Tom had no way of paying back his debts. Forced to enter into a Part IX Debt Agreement, Tom really felt like he had no way out.
Ongoing medical costs didn’t help Tom’s situation. However, amongst all the debt, Tom dreamed of having a Station Wagon that would help him carry out everyday tasks independently, such as going to the grocery store.
A car loan appeared to be the answer to his need for a vehicle. He knew that with minimal income, his situation would not be conducive to obtaining a loan. Never giving up on his goal, Tom contacted Rapid Finance.