Mycra Lawyers - Credit Repair Industry Experts

Bad Credit Rating Default Removal Case Study

MyCRA (Specialist Credit Repair) Lawyers Client Profile:

Name:                   Nick*
State:                    TAS
Sex:                      Male
Age:                      28
Married/Single:     Married
Listing Type:          Default
Original Creditor:   Telstra
Current Creditor:   Panthera
Paid / Unpaid:        Paid
Listing Amount:     $1,508

Commenced work:             21/02/2019
Default Resolution:            04/02/2020


Credit Repair Background:
Nick* has two default listings on his credit file. He owned/operated a small business. Nick and his wife decided to leave the workshop they were renting as the rent was excessively high. They did not realise the amounts were unpaid until they went to apply for a land loan.

What were any challenges with the creditor?
Both Panthera Finance  and Telstra declined to remove the default at the time of the initial investigations.

Why was the listing removed?
MyCRA Lawyers lodged an ombudsman complaint and Telstra declined to remove the default. MyCRA Lawyers sent a complaint letter to Panthera Finance outlining outstanding issues and upon review they have agreed to remove the default listing.

Summary:
Nick* engaged MyCRA Lawyers to investigate the likelihood of removal of two default listings on his credit file. The Telstra / Panthera listing resulted when Nick* and his wife decided to leave the workshop they were renting as the rent was excessively high. They did not realise the amounts were unpaid until they went to apply for a land loan. Nick* only discovered the bad credit default listing when he was later declined for finance. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in 348 days. Nick** can now move forward financially as his two default listings are now removed. Congratulations Nick* and good luck!

Nick’s* name has been changed to protect privacy

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 now