Bad Credit Rating Default Removal Case Study
MyCRA (Specialist Credit Repair) Lawyers Client Profile:
| Name: | Andrew* |
| State: | VIC |
| Sex: | Male |
| Age: | 54 |
| Married/Single: | Single |
| Listing Type: | Default |
| Original Creditor: | Westpac |
| Current Creditor: | Credit Corp |
| Paid / Unpaid: | Unpaid |
| Listing Amount: | $7105 |
| Commenced work: | 22/06/2018 |
| Default Resolution: | 08/07/2018 |
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Credit Repair Background:
Throughout mid-2014 to late-2015 Andrew was in and out of hospital due to a serious health condition. His ex-wife had control over his cards during this time and Andrew was not aware of what was happening.
What were any challenges with the creditor?
Credit Corp responded to Andrew’s lawyers’ default removal requests in a positive and timely manner.
Why was the listing removed?
MyCRA Lawyers raised Andrews circumstances both now, and during the default period; requesting the default listing be removed on hardship/compassionate grounds. Credit Corp offered to remove the default if Robert paid a lump sum of $3000 and committed to a direct debit to pay the balance.
Summary:
Andrew engaged MyCRA Lawyers to investigate the likelihood of removal of 2 default listings on his credit file. These listings were the direct result of a time when he was in and out of hospital due to a serious health condition. Andrew only discovered the bad credit default listings when he came to realise the accounts were overdue by way of seeing the letters and phone calls. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in 16 days. Andrew can now move forward financially. Congratulations Andrew and good luck!
Andrew’s* name has been changed to protect privacy
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