Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name: Jason*
State: QLD
Sex: Male
Age: 38
Married/Single: Married
Listing Type: Default
Original Creditor: Westpac
Current Creditor: Baycorp
Paid / Unpaid: Unpaid
Listing Amount: $11,362
Commenced work: 23/11/2016
Default Resolution: 29/03/2018
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Credit Repair Background:
Jason had an overdue account with his Westpac credit card.  He never received any communication with regards to the overdue amount. Jason and his wife moved address and had a mail direction service with Australia post, but still, he did not receive anything from Westpac.

What were any challenges with the creditor?
Baycorp refused to remove the default at the time of the investigation.

Why was the listing removed?
MyCRA Lawyers lodged a complaint with the ombudsman. MyCRA Lawyers complaint raised the following issues: no s88, no accelerated 6Q and no 21D (Baycorp only provided templates). While CIO complaint was still ongoing, MyCRA Lawyers drafted ASIC complaint and presented this to Baycorp. Issued raised in MyCRA Lawyers' complaint were: no credit guide provided by Baycorp (s 160 NCCPA), breach of general conduct requirement (s 47 NCCPA), no statement of amount owing (s 36 NCC), no copy of contract (s 20 & 185 NCC), no s 88 NCC. This started negotiations regarding a resolution. Baycorp then agreed to remove the default and presented Jason with a proposed repayment arrangement.

Jason engaged MyCRA Lawyers to investigate the likelihood of removal of a default listing on his credit file. Jason only discovered the bad credit default listing when he did a CRA check and saw the default. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in 491 days. Jason* can now move forward financially. Congratulations Jason and good luck!

Jason’s* name has been changed to protect privacy

Call MyCRA Lawyers today if you're struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218