Mr A was an unemployed single man, dependent on benefit of £82 a week. His weekly payments to a sub-prime lender were £49 a week (£212 a month).

By taking out a loan with MCF over 24 months he was able to reduce his repayments to £84 a month increasing his disposable income by £29 a week (£128 a month).He should also be free of debt after the 2 year period of the loan.

In addition, MCF opened a basic bank account as Mr A had a post office account. I advised customer all the relevant ID information he needed to bring along to his interview so he could get his account opened immediately. This gives Mr A banking facilities and makes his life easier to pay his direct debit's.

Mr A will also be recognised on the financial ladder -- this will enable him to have more access to other banking/Insurance facilities in the future.

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