Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name: Luke
State: VIC
Sex: Male
Age: 39
Listing Type: Default
Original Creditor: Credit Corp
Current Creditor:
Paid / Unpaid: Unpaid
Listing Amount: $3,083
Commenced work: 31/08/2016
Default Resolution: 1/09/2016
case study image

Credit Repair Background:
Luke and his partner had a son in 2009. He was struggling financially but tried to make every payment he could. Luke had a GE card for an interest free purchase (lounge) about 4-5 years ago and thought he had paid it out in full as he made a lump sum payment from his tax return and after more payments, he stopped receiving statements from GE which he thought meant it was paid.
Luke has had the same phone number for 9-10 years and did not get phone calls from GE and same address since 2013 and no mail advising of the outstanding debt.
Luke had previously used a “cheap” credit repair business but after a few weeks, they cancelled their phone number and shut down their website. He knew he needed to do something about the default and understood that he needs to go with the company that will give him the best shot.

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?
Credit Corp has agreed to remove the default after being contacted by MyCRA Lawyers.

Luke was referred to our office by his mortgage broker. He has paid a $20K deposit on a unit off plan and contract is unconditional, he needs to get finance and does not want a non-conforming lender with massive interest. We managed to negotiate removal of his default listing in 1 day and Luke can now move forward financially. Congratulations Luke and good luck!

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