By Charndré Emma Kippie
Lyle Ryan Irwin is a Cape Town-based businessman and entrepreneur who hails from Kimberley. Lyle is the CEO of Mattfin (the Western Cape division of the company) – a company that helps people save money properly and be able to put food on the table and take the stress away. He also co-owns LRI Productions – an events and entertainment company that hosts a number of high profile festivals, concerts and lifestyle events in SA.
In 2008 the “The Home Equity Leverage Plan” (H.E.L.P) was developed to assist over indebted homeowners who are permanently employed to save their homes from being auctioned. The focus grew, to securing a means whereby these indebted home owners could salvage their homes, improve their cash flow, credit health and retain their dignity. MattFin is passionate about helping those who desperately require financial assistance, and guidance in personal money management.
I studied Law, but did not complete my degree. I then decided to take a break. I got into bond origination and finance in 2003, and I simply fell in love with it – I actually happened to be really good at it! In 2006, I saw that there was a cap in the market for it (for clients), as we just came out of the recession of 2004. My clients were struggling to get mortgage bonds or further advances on their bonds – as they had listings against their names. I then teamed up with a loan company, who issued personal loans to them so that we could fix their ITC, and further get them a bond at the bank.
My role involves leading the company, making important decisions on the market, assisting clients and being involved with the rehabilitation of clients. Mattfin started in 2012 and is still going strong!
To grow the company to be one of the biggest origination companies in the world.
Many people do not understand the difference between debt consolidation and debt review – debt consolidation is when all debt is settled in one in full, and debt review is making payment arrangements for pay your debt on and on. Debt consolidation is the best choice, as you take your high interest rate debt and consolidate it in one.
Do not take on a loan if you can’t afford it. Every payment you skip has a negative effect on your banking record and on your credit record. Your credit record, as well as your bank statement, is essentially a CV for getting finance. Good finance is always the best. If your account says it’s due on the 30th of the month, and you pay on the 1st of the month, it will still have a negative effect on your overall record.
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For enquiries, regarding being profiled or showcased in the next edition of the Public Sector Leaders publication, please contact National Project Manager, Emlyn Dunn:
Telephone: 086 000 9590 | Mobile: 072 126 3962 | e-Mail: emlyn.dunn@topco.co.za