Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Nathan* |
| State: | VIC |
| Sex: | Male |
| Age: | 35 |
| Married/Single: | Single |
| Listing Type: | Default |
| Original Creditor: | Energy Australia |
| Current Creditor: | Panthera Finance |
| Paid / Unpaid: | Unpaid |
| Listing Amount: | $1337 |
| Commenced work: | 02/05/2018 |
| Default Resolution: | 29/05/2018 |
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Credit Repair Background:
Nathan found out that he had 4 defaults on his credit file. These were the direct result of when he went through a rough patch where he was out of work and bills where stacking up. Nathan was in hardship however it was never offered and he was unaware that it was an option. Nathan did not think to contact his creditor to try and fix it so they defaulted him when he stopped paying. Nathan claims he never received any notices saying he was going to be defaulted and only found out after doing a credit check when he got back on his feet, secured a job and want to move on with his life.
What were any challenges with the creditor?
The creditor as they responded to our Law Firm requests in a timely manner.
Why was the listing removed?
Panthera Finance have agreed to remove default once the account is paid in full. Issues raised in letter to Panthera were last known address and no consent to disclose information to a CRB.
Summary:
Nathan’s partner contacted MyCRA Lawyers and enquired about Nathan’s default listings on his credit report. They needed the default removed as they are planning to apply for finance. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in 27 days. Nathan* and his partner are now a step closer to achieving finance approval. Congratulations Nathan’s and good luck!
Nathan’s* name has been changed to protect privacy
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