Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Christian |
| State: | SA |
| Sex: | Male |
| Age: | 35 |
| Married/Single: | Married |
| Listing Type: | Default |
| Original Creditor: | Westpac |
| Current Creditor: | Lion Finance |
| Paid / Unpaid: | Paid |
| Listing Amount: | $5295 |
| Commenced work: | 6/09/2016 |
| Default Resolution: | 15/09/2016 |
 |
Credit Repair Background:
Christian had a credit card account with Westpac. He was paying the minimum monthly repayments and was unaware that the account was overdue until the debt collection agency contacted him for payment which he then made. He does not recall any correspondence from Westpac advising that the account was overdue or that it would be listed as a default.
What were any challenges with the creditor?
There were no issues with the creditor as they responded to MyCRA Lawyers requests in a timely manner.
Why was the listing removed?
Lion Finance advised that they will remove the default listing from Christian’s credit file.
Summary:
Christian contacted MyCRA Lawyers as he wanted the default listing removed from his credit file. He was applying for a second mortgage, however, the default is hindering him from trying to do so. We managed to negotiate removal of his default listing in 9 days and Christian can now move on financially. Congratulations Christian and good luck!
Leave A Comment