Mike Pero Mortgages Busts NZ'sDebt Stress

Media Release for immediate use: Tuesday 17 June 2008

Mike Pero Mortgages Busts New Zealand’s Debt Stress

Mike Pero Mortgages, New Zealand’s largest and most trusted mortgage broking company, is currently expanding the services available to its customers.

The company now offers a brand new service of arranging personal loans through some of the country’s most reputable lenders. Mike Pero Mortgages is encouraging debt stressed kiwis to consolidate their high interest credit card, store and car loan debt, to help them get into a better financial situation.

Chief Executive Officer Sandra Pigram says it’s an exciting time for the company as it looks to diversify and offer more services to meet more needs for more customers.

“I want people to come to Mike Pero Mortgages and know we will look after a whole range of their needs. This will make their experience more streamlined and more efficient. We will become a ‘one-stop-shop’ for our customers. It’s really all about service and convenience - not just mortgages but personal loans, debt reduction and insurance.”

In today’s economic environment, Sandra Pigram says a number of customers are faced with ‘debt stress’.

“With high interest rates, rising fuel and food prices, it can be very difficult to meet some commitments, like credit card and car loan repayments. We can now solve this problem for customers by consolidating their debt with a personal loan at a lower interest rate and a more manageable term,” she says.

Sandra Pigram adds their aim is to help people become more financially fit by getting them organised in paying off a number of high interest loans, such as credit cards or store credit. She says this can substantially relieve the ‘debt stress’ that some people are experiencing.

“It really is very simple. Just make an appointment with one of our brokers and they can source competitive personal loan finance through a number of trusted lenders. As with mortgage financing, we will look at individual circumstances and find the best solution.”

Sandra Pigram says Mike Pero Mortgages has arranged personal loans for customers for all sorts of purchases – to buy a car, renovate the house or even to upgrade the home for energy-efficient living.

“We have even been able to help first home buyers with a deposit for their first home, through our personal loan programme.

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