Case study: Daniel

When looking at the options for financing, Daniel was initially faced with car yards, which he laments, “don’t usually have the best reputations for honesty”, or with major banks, which Daniel didn’t trust or enjoy dealing with from past experiences. 

Daniel’s wife came across Wisr while comparing loan sites. The positive reviews coupled with the great interest rate drew them in. However, Daniel claims, “what sold me was the absolutely fantastic service. You’re able to get through to a person pretty much immediately, emails are responded to that day, it’s above and beyond. The response rate is fantastic, plain language, down-to-earth service - it was great!” 

A key component of the car search for Dan was ensuring that the vehicle was environmentally friendly. Counteracting the more significant C02 emissions of a larger vehicle meant that Dan ended up purchasing a hybrid that aligned with his values while still accommodating a larger family and providing a suitable, comfortable option for camping trips. Daniel’s Wisr loan meant that he was able to purchase a vehicle that balanced environmental responsibility with accommodation for a growing family. 

While Daniel is on top of his finances these days, he encountered some sticky situations in his younger years. At University, Daniel turned to payday loans to get him over the line. Relying on casual pay and inconsistent hours meant that occasionally Daniel relied on these lenders to cover his basic needs.

However, Daniel reflects, “it could only be worse nowadays. There are so many young people working in the retail/ hospitality industries who have gone through the lockdown and with the out-of-control rent prices, it’s good to know there are companies like you guys out there.”

A lawyer by trade, Daniel’s top financial advice is to always read the fine print so you don’t end up behind the 8-ball playing catch-up. Doing their research meant that Daniel was able to get a loan with a great rate and flexible repayments to be paid off over 5 years. With his new car and summer just around the corner, Daniel can look forward to the festive season spending quality time with his growing family.