Client Success Story: How Richard Consolidated Over £75,000 of Debt and Raised Funds for Home Improvements
At TMAC, we pride ourselves on helping clients find tailored financial solutions — and Richard's story is a perfect example of how the right loan, delivered efficiently, can transform someone's finances.
The Challenge: High Monthly Payments & Unsecured Debts
When Richard came to us, he was feeling the weight of over £50,000 in unsecured debts, paying more than £2,000 a month just to stay on top of them. On top of this, he had an existing second charge loan of £25,000, and was hoping to raise an additional £20,000 to carry out long-overdue home improvements.
His monthly commitments were unsustainable, largely due to high interest credit cards and loans that were eating away at his income. He needed a clean start, and fast.
The Solution: £95,000 Secured Loan, Funded in Less Than 3 Weeks
Thanks to Richard's responsiveness and organisation, providing all paperwork quickly and accurately, we were able to source a loan within days. The result?
• ✅ £95,000 raised to consolidate debts, clear the second charge, and fund home improvements
• ✅ Lower interest rate than his existing second charge
• ✅ Monthly saving of over £1,800 by consolidating high-interest debt into one affordable loan
• ✅ Completion in under 3 weeks from application to funds in the bank
💡 The Outcome: Breathing Room and a Brighter Future
Richard now has one manageable monthly payment at a lower interest rate, his previous debts are cleared, and he has funds to enhance his home — all without the stress of juggling multiple high-cost repayments.
If you're struggling with rising monthly payments or juggling multiple debts, reach out to TMAC today.
Like Richard, you could soon be on your way to financial clarity and peace of mind.
