Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Chun* |
| State: | QLD |
| Sex: | Male |
| Age: | 23 |
| Married/Single: | Married |
| Listing Type: | Default |
| Original Creditor: | Telstra |
| Current Creditor: | Lion Finance |
| Paid / Unpaid: | Paid |
| Listing Amount: | $301 |
| Commenced work: | 01/03/2018 |
| Default Resolution: | 11/06/2018 |
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Credit Repair Background:
Chun had his service with Telstra but when he moved homes, Chun called Telstra to disconnect the service and they obliged. Chun got a call from Telstra 3 months after saying he had an overdue bill. Chun was really confused because Telstra mentioned his old address and he no longer had the service at that old address as he was no longer living there.
What were any challenges with the creditor?
Lion Finance refused to remove the listing at the time of the investigation.
Why was the listing removed?
MyCRA Lawyers provided Lion Finance a statutory declaration and proof of address document that were dated before the notices were issued. Lion Finance agreed to removal on a ‘no prejudice’ basis.
Summary:
Chun was referred to MyCRA Lawyers by his mortgage broker. Chun 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 moved address and Telstra did not update his record and notices were sent to his old address. Chun only discovered the bad credit default listing when he applied for a credit card and was declined. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in 97 days. Chun* can now achieve finance approval. Congratulations Chun and good luck!
Chun’s* name has been changed to protect privacy
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