Credit Repair Solicitors

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Your credit score is made up of previous applications you have made for financial products such as a credit card, home loan, car finance and/or personal loan. Your credit file is reviewed by lenders to determine if you can borrow the amount being requested. If there are any adverse entries on the credit file, it can influence a lender to either decline your application or add a premium to the interest rate to compensate for the perceived added risk.

Paying a debt does not simply remove the default from your report. We analyse your scenario to determine if the default can be removed. Also, we have saved our Clients thousands of dollars by negotiating with the creditors if the client has not yet paid the debt and also clear their file in the process!

60% of all adverse entries have been listed in error. Our Team will need to analyse your personal circumstances to determine what exactly has occurred and to advise if we can assist you

NO! Creditors often imply or use misleading language. In many instances, creditors may advise that they will “update” or “improve” your credit file once you have paid. However, this does not remove the default. By allowing us to represent you, we ensure that the creditor does not use misleading language – we can ensure that once we have received consent for the removal of the default, that it will be removed from your file promptly. 

NO! Creditors often imply or use misleading language. In many instances, creditors may advise that they will “update” or “improve” your credit file once you have paid. However, this does not remove the default. By allowing us to represent you, we ensure that the creditor does not use misleading language – we can ensure that once we have received consent for the removal of the default, that it will be removed from your file promptly.

You will most likely be paying interest at a much higher rate. Over time, the higher interest you would pay far outweighs the amount it would cost you to clear your Credit file. Also, by clearing the defaults it will increase your likelihood to obtain finance at a more competitive interest rate.

A credit score can be affected in many different ways. You may have had too many enquiries in a short period of time. It could also be that you missed some payments on one of your credit accounts. We analyse your credit report for free to advise of the reason it is low.

1-5 weeks as we are lawyers creditors attend to our correspondence as a matter of urgency meaning we can get you effective results much faster than others

It can stay on your credit file for up to 7 years. Other types of infringements are; External Administrations Previous Directorships Bankruptcy, Part 9 Debt Agreements Serious Credit Infringement Credit Enquiry Payment Defaults Court Judgement/Writs. Don’t wait any longer than you have to, contact us for a free legal consultation

A credit report is a collection of your data that informs creditors about you, your reliability and your credit history. Each report has your personal details, employment history, a list of lenders you’ve applied to, any late payments, defaults or judgments, clear-outs, crossed or linked files, bankruptcies and current or previous directorships – all this information is collated in one area and gives a score. Your credit score is used by creditors to assess your credit worthiness. Unsure what is on your credit file? We can order you a free credit report

Your credit score is made up of previous applications you have made for financial products such as a credit card, home loan, car finance and/or personal loan. Your credit file is reviewed by lenders to determine if you can borrow the amount being requested. If there are any adverse entries on the credit file, it can influence a lender to either decline your application or add a premium to the interest rate to compensate for the perceived added risk.

Yes. As Australian solicitors, we have the skills and expertise to facilitate a successful negotiation which is in your best interests.

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