Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Scott* |
| State: | VIC |
| Sex: | Male |
| Age: | 28 |
| Married/Single: | Married |
| Listing Type: | Default |
| Original Creditor: | ANZ Bank |
| Current Creditor: | Lion Finance |
| Paid / Unpaid: | Paid |
| Listing Amount: | $3707 |
| Commenced work: | 2/08/2016 |
| Default Resolution: | 3/08/2016 |
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Credit Repair Background:
Scott and his wife Tarryn went through some serious family loss around the same time Scott lost his job. Scott believes that either he or his wife informed the companies of their hardship but can’t remember being offered, or completing hardship applications. They moved address also, and Scott can’t remember receiving any correspondence from Credit Corp or Lion Finance. Once they were back on their feet, Scott got a copy of his credit file and found out who they owned money to and paid his accounts.
What were any challenges with the creditor?
The creditor responded to our Law Firm requests in a timely manner.
Why was the listing removed?
The default was removed as hardship was not assessed properly before defaulting.
Summary:
Scott was referred to our office by his mortgage broker. Scott had 2 defaults on his credit file and wanted them removed. Scott and his wife were looking to buy land and build their first home. MyCRA Lawyers negotiated the removal his default in 1 day and Scott is now a step closer in achieving finance. Congratulations Scott and good luck!
Scott’s* name has been changed to protect privacy
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