Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Afifa* |
| State: | QLD |
| Sex: | Female |
| Age: | 29 |
| Married/Single: | Single |
| Listing Type: | Default |
| Original Creditor: | AGL |
| Current Creditor: | Panthera Finance |
| Paid / Unpaid: | Paid |
| Listing Amount: | $216 |
| Commenced work: | 05/03/2018 |
| Default Resolution: | 18/07/2018 |
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Credit Repair Background:
Afifa moved house and someone she knew moved into her old property, unfortunately, the new person wasn’t paying the AGL bill which resulted in a default listing on Afifas credit file. Afifa was not made aware of the lapsed payments for until many months after she moved out.
What were any challenges with the creditor?
Panthera Finance insisted the default was listed correctly and refused to remove the listing.
Why was the listing removed?
After pouring through the documents and referring to the legislation MyCRA Lawyers raised potential breaches of privacy laws and brought this to Panthera Finance’s attention. Afifas lawyer advised Panthera Finance that if they agreed to remove the default listing, Afifa would indemnify them from any claims. Panthera Finance agreed to this offer.
Summary:
Afifa engaged MyCRA Lawyers to investigate the likelihood of removal of 3 default listings on her credit file. These listings were the direct result of the time she moved address. Afifa only discovered the bad credit default listings when her finance application was declined. MyCRA Lawyers negotiated the successful removal of her bad credit default listing in 135 days. Afifa is now a step closer to achieving a finance approval. Congratulations Afifa and good luck!
Afifa’s* name has been changed to protect privacy
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