Bad Credit Rating Default Removal Case Study
MyCRA (Specialist Credit Repair) Lawyers Client Profile:
| Name: | Raj* |
| State: | NSW |
| Sex: | Male |
| Age: | 49 |
| Married/Single: | Married |
| Listing Type: | Default |
| Original Creditor: | American Express Australia |
| Current Creditor: | – |
| Paid / Unpaid: | Paid |
| Listing Amount: | $97,795 |
| Commenced work: | 11/09/2018 |
| Default Resolution: | 23/10/2018 |
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Credit Repair Background:
Raj had an AMEX default on his credit file as a result of disputing the charges on the card. The dispute dragged on for 6 months and he eventually settled the amount owing. Raj explained that there were 3 fraudulent charges that added up to $65,000. However, because of a delay in processing after Raj had paid a mechanic, the money wasn’t taken from the account until in between two of the 3 fraudulent charges. AMEX stated that it was not fraud because they believed he had the card on him at the time.
What were any challenges with the creditor?
AMEX refused to respond to our Law Firm’s initial request for information.
Why was the listing removed?
MyCRA Lawyers sent a demand letter to AMEX and, upon review, they agreed to remove the listing.
Summary:
Raj engaged MyCRA Lawyers to investigate the likelihood of removal of an American Express default listing on his credit file. The listing resulted from a dispute he had with American Express regarding credit card charges . Raj 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 42 days. Raj can now move forward financially. Congratulations Raj and good luck!
Raj’s* name has been changed to protect privacy
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