Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Jane* |
| State: | VIC |
| Sex: | Female |
| Age: | 34 |
| Married/Single: | Single |
| Listing Type: | Default |
| Original Creditor: | GE |
| Current Creditor: | Lion Finance |
| Paid / Unpaid: | Paid |
| Listing Amount: | $946 |
| Commenced work: | 24/05/2018 |
| Default Resolution: | 16/08/2018 |
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Credit Repair Background:
Jane, supporting an unemployed partner, was trying to pay off a mortgage and keep up with the household bills. The credit card in question was assisting during this that time until the relationship ended, after which Jane cut up the card as it was no longer required.
What were any challenges with the creditor?
Optus responded to Jane’s lawyers’ requests in a timely manner.
Why was the listing removed?
Due to issues highlighted by Jane’s lawyer, Lion Finance agreed to the removal of the default.
Summary:
Jane engaged MyCRA Lawyers to investigate the likelihood of removal of a default listing on her credit file. The listing was the direct result of the time she was struggling with finances. Jane only discovered the bad credit default listing when she applied for finance and got declined. MyCRA Lawyers negotiated the successful removal of her bad credit default listing in 84 days. Jane can now confidently apply for home loan. Congratulations Jane and good luck!
Jane’s* name has been changed to protect privacy
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