Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Chao* |
| State: | NSW |
| Sex: | Male |
| Age: | 33 |
| Married/Single: | Married |
| Listing Type: | Default |
| Original Creditor: | ANZ Bank |
| Current Creditor: | Credit Corp |
| Paid / Unpaid: | Unpaid |
| Listing Amount: | $11,408 |
| Commenced work: | 09/06/2017 |
| Default Resolution: | 30/01/2018 |
 |
Credit Repair Background:
Chao moved back to China but had not received emails, calls or correspondence whilst here before going and returned to Australia. She was also suffering from hardship at the time of the default.
What were any challenges with the creditor?
Credit Corp refused to remove the listing at the time of the investigation.
Why was the listing removed?
MyCRA Lawyers lodged an OAIC complaint against Credit Corp whilst the CIO complaint was ongoing. Chao put forth a resolution that if Credit Corp remove the default, she will withdraw her OAIC/CIO complaint. Credit Corp agreed to this resolution.
Summary:
Chao 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 she moved back to China and was experiencing financial hardships. Chao only discovered the bad credit default listings when she applied for finance and was declined. MyCRA Lawyers negotiated the successful removal of her bad credit default listing in 235 days and Chao* can now achieve finance approval as her two default listings were removed. Congratulations Chao and good luck!
Chao’s* name has been changed to protect privacy
Leave A Comment