Two of Australia’s oldest debt negotiations houses have merged, gearing up to prepare for heightened broker demand.
Credit Mediation Service director Laurence Hugo and Choice Debt Solutions director Gabrielle Vittori have declared that a merger of the two companies has taken place.
Both companies have reported long histories in waiving debt for clients of mortgage brokers, but Mr Hugo noted that with the home loan market growing in complexity, expected rate rises, higher loan-to-value ratios (LVRs) and strained consumer wallets, there will be difficult times ahead.
You’re out of free articles for this month