Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Greg* |
| State: | QLD |
| Sex: | Male |
| Age: | 48 |
| Married/Single: | Single |
| Listing Type: | Default |
| Original Creditor: | Optus |
| Current Creditor: | Baycorp |
| Paid / Unpaid: | Paid |
| Listing Amount: | $444 |
| Commenced work: | 30/01/2018 |
| Default Resolution: | 07/02/2018 |
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Credit Repair Background:
Greg was trying to process the breakdown of his marriage at the time of the default. He had moved out of the family home and was very distressed. On top of trying to pay for the mortgage on the family home, child support and rent where he was living, he had all of his business equipment stolen. Not having any equipment to run his business he had to work for wages. Trying to keep up with all of these commitments was very difficult and stressful for Greg.
What were any challenges with the creditor?
The creditor responded to our Law Firm requests in a timely manner.
Why was the listing removed?
MyCRA Lawyers sent an initial request letter to Optus and upon further investigation, they have agreed to remove the default.
Summary:
Greg engaged MyCRA Lawyers to investigate the likelihood of removal of a default listing on his credit file. The listing was the direct result of the time he was struggling financially and suffered emotionally on the breakdown of his marriage. Gregory only discovered the bad credit default listing when he applied for finance and was declined. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in just 8 days. Greg can now confidently apply for home loan. Congratulations Greg and good luck!
Greg’s* name has been changed to protect privacy
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