Bad Credit Rating Removal Case Study
Client Profile:
| Name: | John* |
| State: | WA |
| Sex: | Male |
| Age: | 30 |
| Married/Single: | Married |
| Listing Type: | Default |
| Original Creditor: | GE Capital Finance Australia |
| Current Creditor: | Lion Finance |
| Paid / Unpaid: | Unpaid |
| Listing Amount: | $3971 |
| Commenced work: | 31/03/2016 |
| Default Resolution: | 11/08/2016 |
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Credit Repair Background:
John* advised that the default arose during a divorce, and he could not afford to meet payments.
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 agreed to remove the listing after our contact with their office.
Summary:
John* contacted our office as he had defaults on his credit file. He needed a loan for his business, but the defaults were stopping approval. We managed to negotiate removal of his default and John* is now a step closer in achieving his personal loan. Congratulations John* and good luck!
John’s* name has been changed to protect privacy
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