Meet Paul & Marilyn
“I'd spoken to my daughter who has a Financial Adviser, and he was the one that recommended Household Capital. Then once we got the ball rolling, we had an interview and as we went through everything, Marilyn and I both thought, ‘Yeah, okay, this can work’.” – Paul, 74, South Coast
Marilyn, 72, and Paul, 74, worked hard to build the house of their dreams on the South Coast of NSW. It was a welcoming place where friends and family could gather and spend time together, and both Marylin and Paul knew it was where they wanted to retire.
In 2019, when a major bushfire devastated the South Coast of NSW, the house sustained major damage. They knew, as they drove away from the fires with their grandchildren and Paul’s 101-year-old father-in-law, that they would return to a ravaged place – and that’s exactly what happened.
“There was fire on both sides,” Marylin says.
“We tried three times to get back and when I arrived, the house was still smouldering. Everything in the garden was just black. Through the fires, we had to rebuild. And in the rebuild, our budgets did get blown," Paul explains.
To get the financial help they needed, the couple turned to a large bank, one they had been with for nearly 50 years. However, the response they received wasn’t at all helpful: according to the bank, they had no choice but to sell.
Desperate for an alternate solution, the couple spoke to their daughter, and she referred them to her Financial Adviser, who in turn, recommended Household Capital. The couple booked a call with us and finally got the support they needed. They were able to rebuild their home and recover from the devastating bushfires. They can now enjoy their retirement in comfort.
“It allows me the freedom to make some choices that perhaps we wouldn’t have been able to make, to enjoy some of the things we want to enjoy,” Marilyn says.
“It's like, our own family always asks us for help. We know that we can go to the Household Capital family and ask for help,” Paul adds.
Sandy and Colin
Loan Purpose: Regular IncomeMeet our beautiful customers Sandy and Colin who, like many retired Australians, found themselves ‘asset rich but cash poor’. Thanks to Household Capital, they were able to access their home equity to secure a fortnightly income stream that allows them to enjoy a comfortable retirement.