Bad Credit Rating Removal Case Study
Client Profile:
Name: | Garrie* |
State: | WA |
Sex: | Male |
Age: | 60 |
Married/Single: | Married |
Listing Type: | Default |
Original Creditor: | Westpac |
Current Creditor: | Baycorp |
Paid / Unpaid: | Unpaid |
Listing Amount: | $34,642 |
Commenced work: | 28/02/2018 |
Default Resolution: | 12/03/2018 |
Credit Repair Background:
Garrie has listings on his credit file. The listings are not his debts as these debts actually belong to GDK Electrical Services. Garrie was employed by them when the company went into liquidation. The History of Purchases and Payments relative to the card in question were business related, while all payments to the Credit Card Account were indeed made by GDK Electrical Services from their Business account and there was no direct relationship in regard to purchase or payments from Garrie.
What were any challenges with the creditor?
The creditor responded to our Law Firm requests in a timely manner.
Why was the listing removed?
MyCRA Lawyers sent an initial request letter to Baycorp and upon further review, they have agreed to remove the default listing on a non- admissions basis.
Summary:
Garrie engaged MyCRA Lawyers to investigate the likelihood of removal of listings on his credit file. These debts actually belong to GDK Electrical Services as he was employed by them and the company went into liquidation. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in just 12 days. Garrie* is now a step closer to achieving a finance approval. Congratulations Garrie and good luck!
Garrie’s* name has been changed to protect privacy
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