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| 31-05-06 |
| Debt Restructuring Benefits, Clients and Debtors |
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ARL has established a new division, ARL Financial Services, to manage its new Debt Restructuring initiative. This new facility has been developed in conjunction with non-conforming mortgage lender, “Asset Angels”.
It is estimated that one in four Australians fall outside the requirements and guidelines for traditional lending entitlements as imposed by the banking industry. When confronted with growing personal debt levels, out of control monthly financial commitments, people who have good asset backing, have, in the past, found it difficult to restructure their assets, reduce their monthly cash commitment, and re-establish their domestic financial well being. This new partnership, has enabled ARL to present an opportunity, both to its clients, by securing prompt payment of their outstanding debt, but more particularly to its client’s clients, where through sympathetic and professional discussion and analysis, a solution can be found which will improve the financial circumstances of the applicant, and enable a period of comparative financial calm.
The aim of debt restructuring is to reduce regular monthly outgoings, consolidate and repay outstanding debt; while reducing outgoing cash pressures. The core values of Asset Angels as exhibited by their commitment to quality service and ethical standards include:
• Trust and Respect for others
• Innovation and Flexibility
• Understanding
• Uncompromising Integrity
• Open Communications
• Contribution
This announcement continues the innovation and development which ARL has demonstrated, as being core and fundamental to its business development growth strategies.
For further information please click on the brochure below or email refinance@arlcollect.com.au
ARL Financial Services Brochure
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