Greg: A Financial Lifeline That Gave Him Time to Heal
Greg was a hardworking business owner, but when illness struck, everything changed. He wasn’t able to work as much, and his income dropped significantly. To keep up with expenses, he relied on credit cards and lines of credit—until the balances became overwhelming. Payments started falling behind, and he feared he might have to sell his home just to stay afloat.
The Challenge: Keeping His Home While Recovering
Greg knew his financial troubles weren’t permanent. He just needed time—to focus on his health and get back to work. But with mounting debt he was running out of options and was now missing payments hurting his credit score.
The Solution: A No-Payment Mortgage for a Fresh Start
Greg found a better solution through ApproveU.ca. He was approved for a no-payment private mortgage, which allowed him to pay off his high-interest credit cards and credit lines. This immediately helped strengthen his credit score and, most importantly, gave him the breathing room he needed to focus on getting healthy.
Once he was back on his feet, his income rebounded, and his credit score improved. With a stronger financial position, Greg was able to refinance into a competitive-rate mortgage with manageable payments, setting him up for long-term stability.
Now, Greg is healthy, financially secure, and still in his home—exactly where he wanted to be.