Case study

How Kath reduced her Debt by $30,000 and secured a lower interest Home Loan

Debt consolidation
Initial debt
Not specified
Outcome
~$30,000 saved
& successfully refinanced

Key Results at a Glance

Results that speak for themselves
~$30,000
Total debt reduction
1
Consolidated home loan
Lower
Secured interest rate

The Challenge

Despite working full-time, the financial fallout of a relationship breakdown left Kath trapped with unmanageable shared debts and limited refinancing options.

Relationship Breakdown

A difficult separation left Kath to navigate a single-income household while managing debts originally intended for two incomes.

Sole Liability

Although the financial burden was previously shared, the mortgage and several personal loans were solely in her name, leaving her legally responsible for the full amounts.

Damaged Credit Score

The sheer strain of juggling multiple high-interest repayments took a toll on her credit file, making traditional financial solutions difficult to access.

Refinancing Roadblocks

Because of her impaired credit history, mainstream lenders were reluctant to help her refinance the family home, leaving her stuck on high interest rates.

The Solution

After reviewing Kath’s situation, we identified that a strategic debt reduction and specialist consolidation loan would provide the financial reset she needed.

Comprehensive financial assessment

We evaluated Kath’s complete financial picture, including her income as a Personal Assistant, her mortgage, and the multiple unsecured personal loans.

Practical guidance

We provided a clear, non-judgemental overview of her options to bypass traditional lending roadblocks, address her damaged credit score, and structure a realistic path forward.

Tailored solutions

We leveraged our network to find a specialist lender willing to consolidate her multiple unsecured debts into a new, manageable home loan.

Complete transparency

We ensured Kath understood the exact terms of her new consolidated mortgage, her much lower overall interest rate, and the timeline for regaining her financial independence.

Why this approach worked

Getting started is easy and straightforward

Reason 1

Significant Debt Reduction

By successfully negotiating with her unsecured creditors, we reduced Kath’s personal loan obligations by approximately $30,000. This instantly removed a massive portion of her financial burden and reduced the total principal she needed to refinance.

Reason 2

Secured Lower Interest Rate

Instead of paying high, compounding interest rates across several personal loans, Kath’s remaining debt was rolled into a single home loan. This transitioned her debt to a much lower mortgage interest rate, drastically reducing her required monthly output and making her finances manageable on a single income.

The Result

Kath successfully consolidated her debts into a new home loan, instantly reducing her unsecured debt by approximately $30,000. This outcome bypassed her previous refinancing roadblocks, lowered her overall interest rate, and provided a realistic, stress-free framework for her to regain complete financial independence.

Before
After
Improvement
Total Unsecured Debt
High & unmanageable
Significantly reduced
~$30,000 saved
Number of Payments
Multiple (Mortgage + Personal Loans)
1 consolidated home loan
Simplified financial management
Interest Rates
High (Personal loan rates)
Lower (Home loan rate)
Reduced ongoing interest costs
Financial Status
Blocked from refinancing
Successfully refinanced
Regained financial independence

Additional Benefits

A comprehensive approach to your financial recovery

Path to repair and rebuild her credit score through a consistent, single payment history

Mental clarity and reduced financial stress

Improved monthly cash flow due to the elimination of high-interest personal loan repayments

Long-term security in successfully keeping the family home

Why Choose Revive Financial?

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from over 4,900 reviews

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What our Customers are saying

Fantastic job and great communication

Shaun
Verified

Very helpful professional and kind, caring and understanding

Cherie
Verified

I’ve had a great experience with Revive. Working with Connie consolidating unmanageable debt has given me peace of mind and an easy way to manage the stress of having manage a variety of debt.

Anonymous
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Nick has been amazing in his guidance, advice and support. My case was actioned quickly and the process was smooth and uncomplicated. I would have no hesitation in recommending Revive Financial – high level of professionalism

Anonymous
Verified

Annette was absolutely amazing, very helpful throughout this experience. She always spoke respectfully and made sure I understood everything before proceeding. Thank you Annette for all the help and support

Jakob
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Anette was amazing, very helpful, polite and understanding. Anette explained everything and always there if I needed anything.

Anonymous
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Very helpful fantastic service 👏

Michael
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Google

Excellent customer service and really helpful and knowledgeable advice

Andrew Target
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Ben and team are easy to talk to no judgement And a great help

Cengiz
Verified

Great to deal with friendly people if I had any questions they answered them right away

Anonymous
Verified

Revive financial have been amazing from start to finish of my agreement. At first I hesitated to do the agreement but it has helped me so much. A special mention to my service specialist May who has been nothing but supportive and there throughout most of my debt agreement. Highly recommend Revive Financial

Anonymous
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Would refer others in need to use

Anonymous
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Very helpful and informative through the whole process

Anonymous
Verified

Very helpful with working things out with me

David
Verified
Google

Hi I just want to share my experience so far with credit revive, I had the choice of credit repair Australia or credit revive, and I think i definitely made the right choice, credit repair Australia wanted to charge me almost double the amount I am paying with credit revive and i have been looked after very well, I have not one complaint and they took care of all my debts very swiftly and have taken a huge weight off my shoulders, I even think that the people I have dealt with are nicer and more polite and more understanding than credit repair Australia because from memory I had an argument or 2 and hung up on whoever I was talking to with credit repair Australia so i definitely recommend CREDIT REVIVE to anyone who is need of help and are struggling day to day with keeping up with your bills, I have been able to keep my brand new car that i would have surely lost by now if I wasn’t saved by credit revive I am very grateful for their support and services and i have already give them some sales pitches to friends and family in similar situations and I will continue to praise them and steer people in their direction if need be! Thank you for you support i appreciate it very much 😊🙏🏼

Robbie Porter
Verified

Very accomodating…shout out to Ms.Anette! She is very helpful,supportive from day one and superb.Thank you so much. Job well done!

Emmanuel
Verified

John was very supportive and understanding

Anonymous
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It was great working with Mason. So helpful.

Rory
Verified

Customer service is 100% Very happy

Lorrae
Verified

Ian was great to help me finalise my debts. Very understanding and worked with me when I had hard times during the process. Definitely would recommend Revive to everyone needing help consolidating debts.

Anonymous
Verified

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