
Bad Credit Rating Removal Case Study
Client Profile:
Name: | Alexandra* |
State: | WA |
Sex: | Female |
Age: | 33 |
Married/Single: | Single |
Listing Type: | Default |
Original Creditor: | ANZ Bank |
Current Creditor: | Credit Corp |
Paid / Unpaid: | Paid |
Listing Amount: | $7456 |
Commenced work: | 19/07/2018 |
Default Resolution: | 17/08/2018 |
Credit Repair Background:
Alexandra’s business was having some financial issues due to a downturn in the economy, so Alexandra used her personal credit card to pay some of the bills. A common occurrence in small business but unfortunately, she soon found that she was unable to make repayments on it.
What were any challenges with the creditor?
Credit Corp responded to Alexandra’s lawyers’ requests in a timely manner.
Why was the listing removed?
MyCRA Lawyers sent an initial request letter to Credit Corp and identified a few issues with the listing, and upon further review of MyCRA Lawyers concerns, Credit Corp agreed to remove the default.
Summary:
Alexandra engaged MyCRA Lawyers to investigate the likelihood of removal of 2 default listings on her credit file. These listings were the direct result of the time her business was suffering poor cash flow. Alexandra only discovered the bad credit default listings when she applied for finance was declined. MyCRA Lawyers negotiated the successful removal of her bad credit default listing in 29 days. Alexandra is now a step closer to achieving a finance approval. Congratulations Alexandra and good luck!
Alexandra’s* name has been changed to protect privacy
Leave A Comment