Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name:
State:
Sex:
Age:
Married/Single:
Listing Type: 
Original Creditor:
Current Creditor:
Paid / Unpaid:
Listing Amount:

Joseph
QLD
Male
33
Married
Default
Vodafone

Paid
$2992

Commenced work:                          5/08/2016
Default Resolution:                        26/08/2016

Click HERE Now To Request A Free Call Back

Credit Repair Background:
Joseph had an account with Vodafone in which was incorrectly charged excessive data charges. When he called to question the bill Vodafone told them that the data package had gone up with out his consent because he was close to his data limit.
Joseph disputed the charges specifically with TIO and it was found that Vodafone incorrectly charged Joseph.

What were any challenges with the creditor?
There were no issues with the creditor as they responded to MyCRA Lawyers requests in a timely manner.

Why was the listing removed?
As Joseph’s TIO complaint was only about the data charges, an investigation never took place surrounding the default. The letters from Vodafone were being sent to an address Joseph had never provided to Vodafone and never live at.

Summary:
Joseph was referred to our office by his mortgage broker. Joseph wanted his default removed from his credit file. We managed to negotiate removal of his default listing in 21 days and Joseph can now move on with their life knowing that they are no longer impaired by the incorrect listing. Congratulations Joseph and good luck!

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218

Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name:
State:
Sex:
Age:
Married/Single:
Listing Type: 
Original Creditor:
Current Creditor:
Paid / Unpaid:
Listing Amount:

Jessica
SA
Female
37
Single
Default
Pioneer Credit

Unpaid
$6890

Commenced work:                          8/09/2016
Default Resolution:                        12/09/2016

Click HERE Now To Request A Free Call Back

Credit Repair Background:
Jessica got into trouble with her credit card debt as was unable to make payment. She went overseas with the intent to get a better paid job and paying that account off with her earnings. This never planned out, and Jessica ended up with a default on her credit report.

What were any challenges with the creditor?
There were no issues with the creditor as they responded to MyCRA Lawyers requests in a timely manner.

Why was the listing removed?
The listing was removed as the account was statute barred.

Summary:
Jessica was referred to our office by her mortgage broker. She requested MyCRA Lawyers assist her in having this default removed so she can apply for home loan. We managed to negotiate removal of her default listing in 4 days and Jessica can now confidently apply for finance. Congratulations Jessica and good luck!

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218

Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name:
State:
Sex:
Age:
Married/Single:
Listing Type: 
Original Creditor:
Current Creditor:
Paid / Unpaid:
Listing Amount:

Belinda
WA
Female
32
Married
Writ and Summons
GE Capital Finance Australia

Unpaid
$7634.80

Commenced work:                          1/07/2016
Default Resolution:                        26/07/2016

Click HERE Now To Request A Free Call Back

Credit Repair Background:
Belinda has a court writ that resulted from being unable to pay her GO Mastercard as Belinda’s income drastically dropped due to family circumstances.

What were any challenges with the creditor?
There were no issues with the plaintiff’s solicitor as they responded to MyCRA Lawyers requests in a timely manner.

Why was the listing removed?
The plaintiff’s solicitors agreed to sign the consent orders.

Summary:
Belinda was referred to our office by her mortgage broker. She contacted our office as a listing was stopping her from re-financing for consolidation and purchasing a home in WA. We managed to negotiate removal of her court writ in 25 days and Belinda can now confidently apply for home loan. Congratulations Belinda and good luck!

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218

ASIC Seeks Compensation But Will Malouf Refund Client’s Misled By Credit Repair Business

Malouf refund

ASIC is seeking remedies from Malouf Group Enterprises Including to see Malouf Refund Approx $11 Million In Refunds To Their Credit Repair Business Clients.

The Credit Repair Businesses Affected By The Proposed Malouf Refund Include:

  • Credit Fix Australia; and
  • Malouf Group Enterprises; and
  • Credit Wash; and
  • Credit your Credit; and
  • Credit Clean Australia; and
  • Clean Your Credit.

Jordan Malouf, Malouf Group Enterprises (MGE) and the businesses listed above are alleged to have misled in excess of 10,000 vulnerable consumers into buying credit repair services with a success rate allegedly less than 40%.  It is also alleged that approximately 14% of the clients misled were charged the full fees even though MGE discovered upon the first inspection of their client’s credit files that those clients had no credit impairment what-so-ever.

UPDATE: Malouf Refund A Reality – Read The Details HERE

For more information about any Jordan Malouf Refund proposal:

Read through the documents filed by ASIC in the Federal Court Of Australia 30 June 2017 – Malouf Group Enterprises

Read a Summary by Patrick Earl of the Court Documents Filed in the Federal Court Of Australia by ASIC naming Malouf Group Enterprises as Respondent

A Summary Of The Legal Proceedings ASIC Filed Against Malouf & His Credit Repair Business Malouf Group Enterprises

ASIC filed against Malouf - what now?

Now that ASIC Filed Against Malouf (Jordan) & His Credit Repair Company “Malouf Group Enterprises”, I’d Like To Repeat That For Some Years Now, I’ve Raised Concerning Allegations About What I Have Been Seeing & Hearing Regarding The Underhanded Practices Of Non-legal Businesses Purporting To Have The Knowledge, Skill And Legal Training To Fix Consumers Credit Ratings.

ASIC has now made it public that they too have concerns. Let’s hope this is an isolated and extreme example of what NOT to do.

At 4:14 pm on 30 June 2017, ASIC filed a Concise Statement with the Federal Court Of Australia noting “Malouf Group Enterprises Pty Ltd (ACN 115 371 581) and another” as Respondents.

Business Names Identified As Operated By The Respondent Now That ASIC Filed Against Malouf Included:

  • Credit Clean Australia
  • CREDIT FIX AUSTRALIA
  • Clean Your Credit
  • Credit wash
  • Credit your credit

The Allegations Are Summarised Below.

It would seem that MGE operated as marketing business for a “written instruction about, inter alia, how to seek to repair the credit file” only. The ASIC complaint suggests they had no staff to do actual work to assist clients.

MGE charged $1,095.00 per client. MGE had 10,530 customers. The harm alleged by ASIC was $11,530,350 from consumers.

MGE services consisted of providing the consumer with a copy of the consumer’s credit report and written instruction about, inter alia, how to seek to repair the credit file.

MGE was not required itself to act on behalf of the consumer in dealing with third parties to remove incorrect negative listings from their credit file, contrary to what MGE led consumers to believe prior to entering into the MGE agreement.

MGE operated a number of websites. It used up to 68 AdWords to promote itself to the top of Google searches. It advertised that its services included “credit defaults”, “clear outs” and “court judgements”.

Consumers would complete an online form or telephone MGE directly. They would be misled (by the sales representative) into thinking an investigation team would investigate their matter. In fact, the only information examined was the questioning made by the sales person or filled out by the client online. After an hour the sales representative called the client back as if investigations had occurred.

MGE did not usually get a copy of the client’s credit history to examine when it said it was investigating, it just proceeded as if it had. (In fact, 14.4% of customers who purchased the product did not even have a bad credit listing to remove).

MGE did not look at the nature of the credit history listing to see if it could be removed, despite saying they made investigations.

MGE charged the fee regardless of whether any removal was made, after saying it would only apply if a removal was possible, in light of their investigations. They did not guarantee a removal but said they would only charge if the removal was possible. They, in fact, made no investigation before selling the product.

MGE said it would help clients and act on their behalf when the service provided was to send a copy of the credit history and the booklet. ( So only 35% of those with a bad credit listing had the listing removed).

About Us

MyCRA Lawyers is a boutique law firm exclusively involved in assisting client’s who have defaults or judgments listed on their credit histories. We review the processes followed by credit providers to ensure they complied with their obligations to our client’s before they reported defaults to credit reporting bodies (a “credit reference”).

As such we are constantly dealing with credit providers and credit reporting bodies as defined in the Privacy Act (Cth).

Graham Doessel, our CEO and Non- Legal Director was informed several years ago by the QLS that credit repair work fell into the category of work performed traditionally by solicitors and so the law firm MyCRA Lawyers was created.

Having Read The Allegations Of The Malouf Case, Remember:

  • MyCRA Lawyers employs Solicitors and suitably qualified Paralegals;
  • Our staff obtain and review client credit history reports, and the records of the creditor to identify potential breaches of the relevant rules and then advocate on behalf of clients;
  • Our advocacy can include writing to, and telephoning creditors, Financial Ombudsman Service, Privacy Commissioner etc. on behalf of our clients;
  • All our work is covered by our costs agreements. Most work is performed on a fixed fee basis and in any event, it is itemised in reports provided to the client;
  • As a Law Firm, we hold Professional Indemnity Insurance, are subject to overview by both the Legal Services Commission and The Queensland Law Society, and must meet the standards expected of the Legal Profession.
  • Any testimonials used by the firm are genuine comments from actual clients.

If you would like to engage a firm with the expertise and proven track record to help you clean up your credit file for real, please call 1300 667 218 to make an appointment to speak to our professional friendly team today.

Links:

ASIC PDF

MyCRA Lawyers Blog

The Author:

Graham Doessel CEO of Legal Practice Holdings & MyCRA Lawyers in conjunction with Patrick Earl, Senior Solicitor of Armstrong Doessel Stevenson Lawyers, a division of Legal Practice Holdings

Note: The matter is still before the court, has not proceeded to a hearing and the respondent is entitled to the presumption of innocence. While Jail time does not appear to be a remedy for the aforementioned allegations, the image was so cool we decided to use it. The maximum penalties for breaches of the Australian Consumer Law are $1.1 million for a corporation and $220,000 for an individual. The behaviour alleged should not reflect the standard practice of anyone in the industry

Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name:
State:
Sex:
Age:
Married/Single:
Listing Type: 
Original Creditor:
Current Creditor:
Paid / Unpaid:
Listing Amount:

Ross
WA
Male
57
Married
Judgment
Council

Paid
$2018

Commenced work:                          24/03/2016
Default Resolution:                        8/04/2016

Click HERE Now To Request A Free Call Back

Credit Repair Background:
Ross was a joint account holder of the rates account together with his wife for the Plaintiff. Ross did not discuss much about this listing or how the listing came about.

What were any challenges with the creditor?
There were no issues with the plaintiff’s solicitor as they responded to MyCRA Lawyers requests in a timely manner.

Why was the listing removed?
The judgment listing was removed as the plaintiff’s solicitors agreed to sign the consent order to set aside judgment.

Summary:
Ross and his wife were referred to our office by their mortgage broker. They are looking to refinance to pay a tax debt and clear up some other matters and ANZ will not refinance with these listings. We managed to negotiate removal of his judgment listing in 15 days and Ross can now confidently apply for finance. Congratulations Ross and good luck!

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218

Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name:
State:
Sex:
Age:
Married/Single:
Listing Type: 
Original Creditor:
Current Creditor:
Paid / Unpaid:
Listing Amount:

Lelia
WA
Female
54
Married
Writ
Council

Paid
$2018

Commenced work:                          30/03/2016
Default Resolution:                        8/04/2016

Click HERE Now To Request A Free Call Back

Credit Repair Background:
Lelia was a joint account holder of the rates account together with her husband for the Plaintiff. Lelia did not know much about this listing or how the listing came about.

What were any challenges with the creditor?
There were no issues with the plaintiff’s solicitor as they responded to MyCRA Lawyers requests in a timely manner.

Why was the listing removed?
The listing was removed as the plaintiff’s solicitors agreed to sign the consent order to set aside judgment.

Summary:
Lelia and her husband were referred to our office by their mortgage broker. Lelia had 3 listings on her credit report and they are looking to refinance to pay a tax debt and clear up some other matters and the big banks would not refinance them. We managed to negotiate removal of her writ listing in 9 days and Lelia is now a step closer in achieving finance. Congratulations Lelia and good luck!

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218

Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name:
State:
Sex:
Age:
Married/Single:
Listing Type: 
Original Creditor:
Current Creditor:
Paid / Unpaid:
Listing Amount:

Justin
QLD
Male
35
Single
Default
Vodafone
Panthera Finance
Unpaid
$1907

Commenced work:                          31/08/2016
Default Resolution:                        9/09/2016

Click HERE Now To Request A Free Call Back

Credit Repair Background:
Justin did not open a Vodafone account and does not recognise this debt. He instructed MyCRA Lawyers that he never lived at the address that the account was opened at. Justin has not been contacted by Vodafone about this account and did not know about the default until he applied for a home loan.

What were any challenges with the creditor?
There were no issues with the creditor as they responded to MyCRA Lawyers requests in a timely manner.

Why was the listing removed?
Our team supplied evidence to Panthera Finance and Vodafone supporting Justin and that his information has been used fraudulently at the time of the listing.

Summary:
Justin was referred to our office by his mortgage broker. He went for a mortgage and found out he had a Vodafone default. He wanted more information on credit repair to get it removed. We managed to negotiate removal of his default listing in 9 days and Justin can now confidently apply for finance. Congratulations Justin and good luck!

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218

Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Removal Case Study

Client Profile:

Name:
State:
Sex:
Age:
Married/Single:
Listing Type: 
Original Creditor:
Current Creditor:
Paid / Unpaid:
Listing Amount:

Paul
QLD
Male
64
Married
Default
Westpac
Lion Finance
Unpaid
$32,899

Commenced work:                          24/05/2016
Default Resolution:                        27/07/2016

Click HERE Now To Request A Free Call Back

Credit Repair Background:
Paul had a credit card account with Westpac. He only found out about the default listing through his broker because he wanted to buy land. When asked about the listing Paul had some missed calls from private numbers but no messages so he did not know who rang. He had received no emails from Westpac either. He had been busy with family issues this year as his mum had cancer and he was in the hospital many days with her.

What were any challenges with the creditor?
Westpac requested payment for the requested documents. Lion Finance then rang and advised that the Westpac account had been sold to them on 30 June 2016 and that the default that Westpac have placed on the account has yet to be converted across.

Why was the listing removed?
Lion Finance agreed to the removal of the listing after communications with MyCRA Lawyers.

Summary:
Paul contacted MyCRA Lawyers that he has been listed again with a default without his knowledge. He required the default removed from his credit file. We managed to negotiate removal of his default in 68 days and Paul can now move forward financially. Congratulations Paul and good luck!

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218

ASIC Commences Legal Proceedings Against Credit Repair Business

The full PDF of this filing is available from ASIC HERE

The following is a reproduction of the Notice Of Filing lodged with the Federal Court Of Australia on 30/06/2017 4:14:50 PM AEST

 

NOTICE OF FILING

This document was lodged electronically in the FEDERAL COURT OF AUSTRALIA (FCA) on 30/06/2017 4: 14:50 PM AEST and has been accepted for filing under the Court’s Rules. Details of filing follow and important additional information about these are set out below.

Details of Filing

Document Lodged:            Concise Statement
File Number:                     QUD324/2017
File Title:                         AUSTRALIAN SECURITIES &
                                       INVESTMENTS COMMISSION

                                       ANOR V MALOUF GROUP
                                       ENTERPRISES PTY LTD
                                       ACN 115 371 581 & ANOR
Registry:                           QUEENSLAND REGISTRY –
                                       FEDERAL COURT OF AUSTRALIA
Dated:                             3/07/2017 11:47:43 AM AEST

Important Information

As required by the Court’s Rules, this Notice has been inserted as the first page of the document which has been accepted for electronic filing. It is now taken to be part of that document for the purposes of the proceeding in the Court and contains important information for all parties to that proceeding. It must be included in the document served on each of those parties.

The date and time of lodgment also shown above are the date and time that the document was received by the Court. Under the Court’s Rules the date of filing of the document is the day it was lodged (if that is a business day for the Registry which accepts it and the document was received by 4.30 pm local time at that Registry) or otherwise the next working day for that Registry.

Concise Statement

Federal Court of Australia
District Registry: Queensland
Division: General Division

Australian Securities and Investments Commission and another
Applicants

Malouf Group Enterprises Pty Ltd (ACN 115 371 581) and another
Respondents

A. IMPORTANT FACTS GIVING RISE TO THE CLAIM

  1. This case concerns a credit repair business, Malouf Group Enterprises Pty Ltd (MGE) that used an unconscionable system to mislead vulnerable consumers. Among other things, MGE sales consultants misled consumers to believe that its services could remove negative listings from their credit file when often nothing could, in fact, be done about those listings. In many cases MGE “accepted” a consumer for its services, when there was nothing, in fact, wrong with the consumer’s credit file.
  1. Negative listings on a consumer’s credit file (such as defaults on loans and other credit infringements) can affect a consumer’s credit worthiness. A Credit Reporting Body (as defined in s6 Privacy Act 1988 (Cth)) (CRB) compiles credit files about consumers that list, inter alia, negative listings. Negative listings may be incorrectly listed on a consumer’s credit file. Incorrect negative listings can be corrected by a CRB. MGE carried on, in trade or commerce, a business that purported to provide a service of removing incorrect negative listings from a credit file (credit repair). The second respondent, Jordan Francis Malouf (Mr Malouf), is and was at all relevant times, the sole director and shareholder of MGE.
  1. MGE’s services were defined in clause 1 of the agreement entered into between MGE and consumers (MGE Agreement) and consisted of MGE providing the consumer with a copy of the consumer’s credit report and written instruction about, inter alia, how to seek to repair their credit file. Pursuant to the MGE Agreement, MGE was not required itself to act on behalf of the ‘consumer in dealing with third parties to remove incorrect negative listings from their credit file, contrary to what MGE led consumers to believe prior to their entering into the MGE Agreement.
  1. The unconscionable system was applied to MGE’s customers from at least 1 January 2014 to 31 December 2015 (the relevant period). As further outlined in paragraphs 5 to 12 below, the system included: targeting its services to financially vulnerable consumers; utilising website advertising and sales scripts that were misleading or deceptive or otherwise contravened the Australian Consumer Law; using unfair tactics; and paying its sales representatives by commission. Mr Malouf developed the system and caused it to be applied to consumers who were customers, or prospective customers, of MGE.
  1. MGE operated a number of websites and actively targeted consumers who: were unaware of the process for listing defaults; had, or were concerned that they might have had, a bad credit file; and who were in a vulnerable financial position and often seeking to repair their credit file in order to apply for a loan. Such consumers would likely search the internet for information on how to contact a CRB like Veda. MGE used up to 86 “Google Adwords”, which included the word “Veda”, so that MGE’s websites appeared as a top ranking sponsored link result for such searches.
  1. During the relevant period, MGE made representations on its websites and in its advertising that MGE’s service included removal of “credit defaults”, “clear outs” and Court judgments” resulting in savings of thousands of dollars in interest payments and instant approval for finance”. A disclaimer purporting to limit the service appeared in smaller font at the foot of the websites’ homepages. The websites also included misrepresentations about MGE’s services, about consumer testimonials, and about it having been voted “Australia’s No 1 Credit Repair Solutions Company” or similar.
  1. Consumers completed an online form or called MGE directly. In either case, the consumer ultimately spoke to a sales consultant. Sales consultants used a script (the sales script) that required them to have at least two calls with the consumer. In the first call the sales consultant would ascertain the basis for the consumer calling MGE and tell the consumer that lenders would “check your credit history, as soon as they see you’ve got bad credit, you will be declined”. Sales consultants usually directed consumers to complete an application form that included the terms and conditions of the MGE services. The sales script required the sales consultant to represent to the consumer that MGE had “an investigation team” and MGE would “open your file and look into it and see what procedure and protocol had been used before they have damaged your credit history“. At the end of the first call sales consultants would usually state “I will have an answer for you in about an hour“.
  1. In the second call, usually about an hour later, the sales consultant represented, pursuant to the sales script, that MGE was looking at the consumer’s credit file to determine if they had been accepted for the service, whereas in fact no work had been done by MGE in relation to the consumer’s credit file between the first and second calls. The sales script required the sales consultant to put the consumer on hold twice during the second call, purportedly to see whether the consumer had been accepted for MGE’s service, whereas in fact nothing was done while the consumer was on hold – it was merely a sales tactic. The sales consultant, following the sales script, then asked the consumer questions about the consumer’s own knowledge of their credit history. After the second hold the consumer was told if they had been accepted or rejected for MGE’s service.
  1. The cumulative effect of the website representations and the sales script was that MGE represented that:
    1. it had an investigation team which could determine whether negative listings had been correctly listed on the consumer’s credit file. In fact there was no such investigation team. The extent of the “investigation process” was the questions asked by the sales consultant. Consumers were not told that this was the extent of the investigation” conducted by MGE;
    2. after receiving the consumer’s application it would obtain the consumer’s credit report to establish whether the consumer’s credit file could be repaired. In fact it did not usually obtain and consider a consumer’s credit report to establish whether their credit file could be repaired;
    3. before approving the consumer’s application it would establish whether credit providers had failed to correctly follow relevant procedures prior to making a negative listing on the consumer’s credit file. In fact it had not usually established that it could remove negative listings from their credit file before approving applications;
    4. it would only approve the consumer’s application if it established that their credit file could be repaired. In fact it approved consumers’ applications without usually establishing whether their credit file could be repaired;
    5. its fee would only be payable if it established that negative listings could be removed. In fact its fee was usually payable by consumers who entered into the MGE Agreement, irrespective of whether or not negative listings could be removed from their credit file; and
    6. after accepting a consumer for its service, MGE itself would act on behalf of the consumer in dealing with third parties to remove incorrect negative listings from their credit file. However, this was not the service offered pursuant to the MGE Agreement.
  1. If, during a sales call, a consumer asked whether MGE could guarantee that their negative listings would be removed, or what the nature of the help was that MGE provided, the sales script required the sales consultant to misrepresent by omission, or obfuscate, the true position. The sales script included other misrepresentations.
  1. On accepting the consumer for the MGE service:
    1. Payment in full was usually required to be made immediately, despite clause 6 of the MGE Agreement providing it was payable “upon the provider accepting the client’s application and at the client’s discretion”;
    2. The sales script and commission structure of MGE caused sales consultants to pressure consumers to make immediate payment for the service; and
    3. Consumers were pressured not to obtain advice or to take time to consider whether or not to proceed with the service, for example by being told that if they wished to proceed later then MGE would have to reopen their file and that doing so could further damage the consumer’s credit file by putting another enquiry on it.
  1. Consumers were vulnerable to MGE’s system due to their financial position.
  1. Among those consumers who entered into the MGE Agreement during the relevant period, are four identified consumers who either had no negative listings when they entered into the MGE Agreement, or otherwise had negative listings that were not removed from their credit file after having paid MGE the required fee.

B. THE RELIEF SOUGHT FROM THE COURT

  1. The Applicants seek the relief set out in the Application, comprising:
    1. Declaratory relief under s 21 of the Federal Court of Australia Act 1976 (Cth);
    2. Pecuniary penalties under s 224 of the Australian Consumer Law (ACL), being Schedule 2 to the Competition and Consumer Act 2010 (Cth) (CCA);
    3. lnjunctive relief under s 232 of the ACL;
    4. Orders under s 237 of the ACL directing the First Respondent to refund money to three of four identified consumers;
    5. Orders under s 239 of the ACL directing the Respondents to refund moneys to customers of MGE;
    6. Orders under s 246 of the ACL, directing MGE to implement a compliance program, to implement a training program, to revise its internal operations, to issue a corrective notice and requiring it to provide copies of the orders to employees and contractors; and
    7. Costs.

C. THE PRIMARY LEGAL GROUNDS FOR THE RELIEF SOUGHT

  1. By reason of the conduct outlined in paragraphs 3 to 13 MGE, in trade or commerce:
    1. engaged in conduct that was misleading or deceptive, or likely to mislead or deceive, in contravention of s 18(1) ACL;
    2. made false or misleading representations in connection with the supply or the possible supply of services that the service was of a particular standard, quality, value or grade in contravention of s 29(1)
    3. (b) ACL, made false or misleading representations that purport to be testimonials in contravention of s 29(1)(e) ACL, made false or misleading representations concerning testimonials by a person in contravention of s 29(1)(f) AOL, and made false or misleading representations as to the benefits of the service in contravention of s 29(1)(g) ACL; (c) engaged in conduct that was liable to mislead the public as to the characteristics and suitability for their purpose of the MGE service in contravention of s 34 ACL;
    4. (d) in connection with the supply or possible supply of goods or services, engaged in conduct which was, in all the circumstances, unconscionable, in contravention of s21 of the ACL.
    1. Mr Malouf was knowingly concerned in the contraventions by MGE for the purposes of s224(1) of the ACL.

D. THE ALLEGED HARM SUFFERED

    1. During the relevant period:
      1. MGE usually charged consumers a fee of $1,095 pursuant to the MGE Agreement;
      2. MGE had 10,530 consumers who paid it for the MGE service;
      3. Of those 10,530 consumers, 1,516 (or 14.40%) did not, at the time of being accepted by MGE and paying MGE for its service, have any negative listings on their credit file (and thus did not have a credit file requiring repairing and did not need the MGE service); and
      4. Of those remaining 9,014 consumers with negative listings on their credit file, MGE was usually unable to assist consumers remove negative listings if the credit provider had correctly made a negative listing. MGE was only able to assist approximately 35% of the 9,014 consumers to remove a negative listing from their credit file.
    1. MGE thereby received total payments of approximately $11,530,350.00 from consumers pursuant to the system outlined in paragraphs 3 to 12.

    Certificate of lawyer

    I, Hugh Copley, certify to the Court that, in relation to the Concise Statement filed on behalf of the Applicants, the factual and legal material available to me at present provides a proper basis for each allegation in the statement.

    Signed by Hugh Copley
    Lawyer for the Applicants

    This statement was prepared by Mr T Sullivan of Queen’s Counsel and Mr S Cleary of Counsel.