MyCRA Specialist Credit Repair Lawyers

Tag: Melbourne

  • Identity Theft in Australia in 2022 & 2023

    Identity Theft in Australia in 2022 & 2023

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    The Complete Guide to Identity Theft in Australia in 2022 & 2023

    Identity theft is a serious crime which affects millions of people all over the world. The damage caused by identity theft can be extensive and hard to repair. It is important to know what you can do to minimize the risks of having your identity stolen by following some simple tips while using your Social Media accounts.

    This article will tell you what you need to know about personal risks of identity theft and how you can minimize them by doing certain things online or offline.

    Introduction: What is Identity Theft?

    Identity theft in Australian in 2022 or 2023 is a crime where someone steals your personal information, like your name, address, Tax File number, or credit card numbers. Identity thieves steal this information to commit fraud or other crimes in your name.

    There are many different kinds of identity theft. One type is when a criminal uses your identity to open new credit cards or loans in your name. Another type is when someone uses the personal information you left at home to create a false identity and commit crimes under that new name.

    This section will provide an introduction for the reader on what identity theft is as well as how it affects people and what can be done to prevent it from happening.

    Identity theft is a crime in which an imposter obtains information about somebody else’s identity for the purposes of assuming that person’s identity.

    While it’s quite a common problem, there are many ways you can prevent this from happening. Keep your personal information secure and always be aware of possible threats to your identity.

    identity theft in australia call 1300 667 218 for legal assistance

    What are the Causes of Identity Theft?

    Australian Identity theft is one of the most common crimes in the world, with reported cases that range from 1 million to 50 million every year.

    Identity theft can be committed by a complete stranger, or someone who knows the victim very well. It can also happen while you are carrying out transactions online or when you are using an ATM. The information thieves need to commit identity fraud includes your name, your account numbers and your address details.

    Whether it’s a sudden theft or an organised crime, identity theft is dangerous. It can lead to financial losses and result in damaged credit.

    This type of AI-assisted fraud is becoming more and more common these days because of the rise of digital fraud in general, changes in legislation and the increased sophistication of computers that are able to execute such crimes remotely.

    How Do You Prevent Identity Theft?

    Identity theft is a crime that is committed when someone steals your identity and uses it to commit fraud. Identity theft can happen in many ways, but the most common way is when someone steals your personal information and uses it to impersonate you. In order to prevent identity theft, you should make sure that you keep your personal information safe and secure by following these steps:

    1.  Keep all of your personal information in one place. This includes birth certificates, Tax File Numbers, driver’s licenses, passports, bank account numbers, credit card numbers etc.
    2.  Don’t give out your Tax File Number or Drivers Licence Number unless absolutely necessary.
    3.  Keep all of your passwords secure by using different combinations of letters and numbers.
    4.  Never share any of your passwords online or on social media channels like Facebook or Twitter.
    5.  Always check the website URL before entering any sensitive information such as credit card number or login credentials (the URL should start with https).

    Identity theft is the unauthorized use of a person’s identity, usually in order to gain money. Regardless of the level of sophistication, identity theft can be prevented and the consequences minimized.

    There are many ways one can go about protecting their identity. One way is by shredding documents containing sensitive information like bank statements, credit card bills, etc. in order to prevent thieves from gaining access to personal information that could potentially lead to identify theft or other crimes.

    The best way to protect your identity is to take these simple steps:

    • Never send your credit card information over the Internet unless you are absolutely sure it is a secure site.

    • Keep all passwords secure and use different passwords for different accounts.

    • Always look at the URL of the web page before clicking on it.

    • shred all sensitive information to make it unreadable (cross cut shredder is best)

    Conclusion:

    If you’ve been the victim of Identity Theft or Identity Fraud, book in for a free Credit Repair Legal Assessment at https://mycralawyers.com.au/book-in or call 1300 667 218 to book in over the phone today.

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  • How To Understand Your Equifax Repayment History Information (RHI) – Did You Know Series 102

    How To Understand Your Equifax Repayment History Information (RHI) – Did You Know Series 102

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    Welcome to “How To Understand Your Equifax Repayment History Information

    in the MyCRA (Specialist Credit Repair) Lawyers “Did You Know” Series.

    This series of Hints, Tips, and (Legislation) Snippets will Reveal The Truth behind Credit Reporting Legislation, Privacy Legislation and Credit Repair.

    You will discover:

    1. ways you can help your clients (without the need to engage us)
    2. ways clients can help themselves
    3. Pitfalls to avoid

    Tip 102 (Credit Reporting Bodies)

    They say knowledge is power but I believe the true power is in applying that knowledge.

    How To Understand Your Equifax Repayment History Information (RHI) in 2019

    Quick Background (condensed)

    • March 2014 saw the introduction of Repayment History Information (RHI) within the Privacy Act (1988)
    • Information to be recorded when you pay your bills more than 14 days late
    • July 2018 saw legislation to force Licensed Credit Providers (LCP) to supply RHI

    Proposed Purpose

    • Offer greater transparency as to the creditworthiness of individuals
    • Reduce LCP [new client] risk by identifying consistent slow payers
    • Offer lower rates and better terms to individuals that pay on time
    • A slight reduction in credit score

    Anecdotal Result (to date)

    • Inconsistent information being provided by LCP to Equifax (and others)
    • RHI alone being the cause of Home Loan / Finance declines
    • Significant reduction in credit scores
    • Confusion over how to understand the RHI tables

    I have included a table below (which is a slightly modified version and a combination of data published by Equifax and others), explaining how to understand your Equifax Repayment History Information (RHI) in 2019.

    Please comment below if you have additional information about RHI that you think will help.

    MyCRA Lawyers - Equifax Repayment History Information (RHI) Legend - Call Now 1300 667 218


    What Now?

    If your Credit Rating is polluted with black marks, and if those black marks (Judgments, Defaults, Enquiries) are the reason you can’t get finance, and if your life would be easier (and better) with a clean, sparkling, and shiny credit file you can be proud of, then you deserve a second chance, don’t you?

    If you do deserve a second chance, call MyCRA Lawyers now on 1300 667 218
    (Mention this particular post for a Free Initial Consultation (Valued at up to $440) with our Specialist Credit Repair Lawyers or their assistants.)

    Click HERE or more in this “Did You Know” series


    Here’s a little more Info, Case Studies, and Reviews etc.

    Click here to check out a few more reviews like…
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    and check out our Google Reviews


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    Actual Credit Repair Case Studies

    Have a look at a few previous success stories (Case Studies), and once you’ve made the decision to call us now on 1300 667 218,

    we’ll step you through our unique systems and processes (all designed to make it stress-free and easy for you), so you can get started today too…

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  • One Week MyCRA Lawyers Mega Sale – 3rd to 11th September 2015 ONLY

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    Are You One Of The Up To ¹91.7% Of People We Can Help To Erase Your Bad Credit Rating So You Can Get Lower Interest Rates And Better Finance Offers – Keep Reading To Find Out How You Qualify…

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    For the first time ever, you can now get your credit rating repaired from the mega low price of just
    ²$EXPIRED all up – Fixed Fee ³No More To Pay!

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    • And you get it done by a Law Firm specialising in Credit reporting Legislation.
    • ³And you get your credit rating cleaned in as little as 18 minutes.
    • And because you have chosen this incredible ²$EXPIRED FIXED FEE – If the process takes a little longer – you pay nothing more.

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    .

    Call Now To Ask If You Qualify

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    Pick up the phone right now and call MyCRA Expert Credit Repair Lawyers on 1300-667-218 before time runs out!

    This Strictly Limited Offer ENDS 5pm QLD time on Friday the 11th of September 2015

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    Pick up the phone right now and call MyCRA Expert Credit Repair Lawyers on 1300-667-218 before time runs out!

    This Strictly Limited Offer ENDS 5pm QLD time on Friday the 11th of September 2015

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    Call Now To Ask If You Qualify

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    ²$EXPIRED per listing that qualifies  – call MyCRA Lawyers on 1300-667-218 to discover if you qualify.
    ¹Up to 91.7% success is based on consumer default listings and past results are no indication of future performance.
    ³Conditions Apply – call for details – Not available on all products or on all default types or creditors -must stay within the scope for that particular default as included with our client agreement – can not be combined with any other offer without prior written consent.

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