Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Morgan* |
| State: | QLD |
| Sex: | Male |
| Age: | 28 |
| Married/Single: | Single |
| Listing Type: | Default |
| Original Creditor: | Origin Energy |
| Current Creditor: | Baycorp |
| Paid / Unpaid: | Paid |
| Listing Amount: | $409 |
| Commenced work: | 28/06/2018 |
| Default Resolution: | 19/07/2018 |
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Credit Repair Background:
Morgan had just moved interstate and finances were tight and he missed paying an account due to his move. Morgan only found out about the overdue account when he answered a call from a private number one day. Morgan entered in a payment plan and paid the debt off.
What were any challenges with the creditor?
The creditor responded to Morgan’s lawyers’ requests in a timely manner.
Why was the listing removed?
MyCRA Lawyers raised specific legal and procedural issues with Baycorp, and upon further review, they agreed to remove the default.
Summary:
Morgan engaged MyCRA Lawyers to investigate the likelihood of removal of a default listing on his credit file. The listing was the direct result of the time he was struggling financially. Morgan only discovered the bad credit default listing when he applied for finance and got declined. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in 21 days. Morgan can now confidently apply for home loan. Congratulations Morgan and good luck!
Morgan’s* name has been changed to protect privacy
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