Brokers!  Are you referring clients to unlicensed Credit Repair Agencies?

Brokers!  Are you referring clients to unlicensed Credit Repair Agencies? Why Brokers MUST NOT Refer Their Clients To Unlicenced Credit Repair Agencies Credit repair is a recent phenomenon emerging in Australia, with many unlicensed credit repair agencies popping up offering all sorts of commissions to Brokers who refer clients with bad credit histories.    However, unless your credit repairer is a *licensed legal practitioner you will not be covered under Professional Indemnity (PI) Insurance. MyCRA Lawyers is a Proud National Sponsor In this special interview, Small Business Association [...]

WARNING – Why You MUST NOT Refer Your Clients For Credit Repair

WARNING - Darren Loades Of Insurance Advisernet Explains Why You MUST NOT Refer Your Clients For Credit Repair To A Credit Repair Agency   Why Brokers MUST NOT Refer Your Clients For Credit Repair     If You're A Finance or Mortgage Broker or Professional Adviser, Then You Must Read Why You MUST NOT Refer Your Clients For Credit Repair Darren Loades (Expert Mortgage Broker PI Insurance Adviser) explains why you must not refer your clients for credit repair services through a credit repair agency. In this short (edited version [...]

MyCRA Lawyers Formal Written Referrer Agreement

MyCRA Lawyers Referrer Agreement Referrer Agreement With MyCRA lawyers | 1300 667 218 Please download, complete and return the MyCRA Lawyers Formal Written Referrer Agreement today. Or MyCRA Lawyers Online Referral Agreement You can then refer your clients via our 90-second simple online referral form, by email, or by calling 1300 667 218 for a quick chat about your client’s scenario, or to pass on your client’s contact details while you’re on the road…

3 Quick Easy Steps To Automatically Save Your Text Messages To Your Google Drive

3 Quick Easy Steps To Automatically Save Your Text Messages To Your Google Drive MyCRA Lawyers Helps With Compliance Issues | 1300 667 218 These simple apps will make meeting your compliance obligations so much easier... What if I could show you one of the simple methods I use to make sure our Credit Repair Law Firm remains compliant - and you get it for nicks! Hi,  I'm Graham Doessel and I'm known for being the CEO of MyCRA Lawyers, Australia's first and only Specialist Credit Repair Law Firm. [...]

Federal Court Today Orders Credit Repairer (Jordan Malouf & Company) To Pay $1.7 Million

Federal Court Today Orders Credit Repairer Pay $1.7 Million Court Orders Jordan Malouf & Co To Pay $1.7 Million JORDAN MALOUF - UPDATE - $1.1 Million Payable To Victims Described In Court As "Vulnerable Members Of Society" In the Federal Court on Monday, 23 April 2018 Justice Derrington ordered Jordan Malouf and his company Malouf Group Enterprises (“MGE”) to pay a total of $1.7 million as a result of a complaint by the ASIC and ACCC. For a summary of the allegations made by ASIC see here: Could [...]

How To Go From Embarrassment To Puffed Up Confidence In Small Business Borrowing

 Five Simple Steps TO Fix Your Small Business Bad Credit MyCRA Lawyers | five simple steps to clean credit | 1300 667 218 How To Go From Being Too Embarrassed To Apply For Finance For Fear Of Rejection In Your Small Business - To The Power, Strength & Certainty Of Being Able To Say No, To Too Many Finance Offers! - In Five Simple Steps! Historically, We Entrepreneurs/Small Business Owners Often Tend To Put Ourselves Last. This Is How We Survive The Hard Times. I know that I personally [...]

Home Buyers On $80,000 p/a Have Borrowing Capacity Slashed By 42% Under Suggested Changes!

The following story on ABC suggests someone on $80,000 PA will have their home loan borrowing capacity cut by 42% to just $195,912... (see original story here) Hmmm... Is this the biggest bag of BS you've ever seen or what? A mortgage of $195,912 over 30 years at 3.99% has repayments at approx $929.84 per month, $11,158.08 per year or (and  here's the kicker), average weekly repayments of just $214.58! Can anyone tell me where you can get rent in Brisbane, Sydney, Melbourne or Perth etc, at $214.58 per week? People have the [...]

2018-04-06T17:38:01+00:00 By |Categories: Broker, General, Industry News, Shocking News|0 Comments

UPDATE What issues will decide ASIC v Malouf Group?

Our Previous note said- On 31 July 2017 Malouf Group Enterprises (MGE) And Mr Malouf Filed A 5 Page Response To  ASIC’s Concise Statement. Pssst... Have You Heard The Latest On... What Does Malouf Group Enterprises (MGE) Deny Saying? Malouf Group Enterprises denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: MGE could determine whether negative listings had been correctly listed on a consumers credit file; after receiving the consumer’s application, MGE would obtain the consumer’s credit report to establish [...]

Credit Enquiries  – And How They Affect Your Credit Score

Credit Enquiries  - How They Affect Your Credit Score (And How Just One Particular Credit Enquiry Can Be Very Bad News For Your Finance Application)  By now, you might have heard that your credit application can be declined for a variety of reasons such as Insufficient income or assets, or excessive expenses, and debts. It’s also commonly known that defaults, court judgments, and court writs can also cause your loan application to be declined. But there’s another sinister demon lurking amongst your credit score – deeming you a high [...]

Legal Services Commission or Board QLD – NSW – ACT – VIC – TAS – SA – WA – NT

Contact Your Legal Services Commissioner or Board In Your State Below, you will find links to the Legal Services Commissions or Boards in all States and Territories of Australia. Queensland Queensland Legal Services Commission New South Wales NSW Office Of The Legal Services Commissioner Australian Capital Territory ACT Law Society Victoria Victorian Legal Services Board and Commissioner Tasmania Legal Profession Board Of Tasmania South Australia Legal Profession Conduct Commissioner Western Australia Legal Practice Board of Western Australia Northern Territory Law Society of Northern Territory Legal Services Regulators in [...]