Bad Credit Rating Removal Case Study
Client Profile:
| Name: | James* |
| State: | VIC |
| Sex: | Male |
| Age: | 39 |
| Married/Single: | Single |
| Listing Type: | Default |
| Original Creditor: | Panthera Finance |
| Current Creditor: | – |
| Paid / Unpaid: | Unpaid |
| Listing Amount: | $5619 |
| Commenced work: | 15/03/2018 |
| Default Resolution: | 06/04/2018 |
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Credit Repair Background:
James applied for finance, but was denied due to a Panthera Finance default. James stated that he had never spoken to, received correspondence from, or even heard of Panthera Finance. Because of this, James was not sure the default was, indeed, his, but that if it is proven to be his, he would pay the debt. Because James travelled considerably due to work, his address had changed numerous times.
What were any challenges with the creditor?
The creditor responded to our Law Firm requests in a timely manner.
Why was the listing removed?
James instructed MyCRA Lawyers to inform Panthera Finance that he wanted to settle the account, on the condition that the default be removed. Panthera have offered to remove the default if they receive full payment by 30/04/2018.
Summary:
James sent an enquiry to MyCRA Lawyers as he had a listing on his credit file that needed to be removed. James only discovered the bad credit default listing when he applied for finance and was declined. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in 22 days. James* can now confidently apply for finance. Congratulations James and good luck!
James’* name has been changed to protect privacy
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