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Bad Credit Rating Removal Case Study

Client Profile:

Name: Michael*
State: VIC
Sex: Male
Age: 34
Married/Single: Single
Listing Type: Default
Original Creditor: Origin Energy
Current Creditor: Panthera Finance
Paid / Unpaid: Paid
Listing Amount: $562
Commenced work: 02/03/2018
Default Resolution: 22/06/2018
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Credit Repair Background:
Michael was working FIFO and decided to move back home to save money. Michael’s housemate did not pay the final rent payment when they moved out (and Michael was away), but the lease was in Michael’s name causing him to get the default.

What were any challenges with the creditor?
Panthera Finance were adamant that the default listing was placed correctly and refused to remove the default.

Why was the listing removed?
Panthera Finance rejected Michael’s claims that he advised Origin to update his address but they failed to do so. Furthermore, they rejected the argument that Origin did not have Michael’s consent to disclose his information to a CRB. Origin offered to remove the default if Michael paid the account in full, but then realised that Michael had already done so and they removed the default.

Michael engaged MyCRA Lawyers to investigate the removal of a default listing on his credit file. The listing was the direct result of the time he moved back to his parents house and his house mate did not pay the final rent payment. Michael only discovered the bad credit default listing when he was declined for finance. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in just 112 days. Michael can now confidently apply for home loan. Congratulations Michael and good luck!

Michael’s* name has been changed to protect privacy

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218