Press Releases

What Jordan Malouf And His Company Malouf Group Enterprises Have Admitted They Did Wrong

What Jordan Malouf And His Company Malouf Group Enterprises* Have Admitted They Did Wrong! Court Orders Jordan Malouf And Company To Pay $1.7 Million *Jordan Malouf's Business Names & Websites: Credit Clean Australia; Credit Wash; Credit Fix Australia; CreditYourCredit; Clean Your Credit; CreditCleanAustralia.com.au; MGEonline.com.au; CreditWash.com.au; CreditFixAustralia.com.au; and CleanYourCredit.com.au. Further to our initial report on the Court Orders: The Federal Court has now published the text of the orders made on Monday 23 April 2018 allowing us to examine the declarations of fact in addition to the orders (already reported) [...]

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 [...]

ASIC v Malouf Update – Malouf Responds to Allegations

ASIC v Malouf Update - Malouf Responds to Allegations Malouf responds and on 31 July 2017, Malouf Group Enterprises (“MGE”) and Mr Malouf filed a 5 page response to ASIC's concise statement. What Does MGE Deny? Malouf responds and denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: a) MGE could determine whether negative listings had been correctly listed on a consumers credit file; b) after receiving the consumer's application, MGE would obtain the consumer’s credit report to establish whether the consumer's credit [...]

Cybercrime Hot Spots In Victoria, Queensland And New South Wales – ACORN Receives 39,000 Cybercrime Reports In 2015

Do You Live In A Cybercrime Hot Spot In Victoria, Queensland Or New South Wales? Australian Cybercrime Online Reporting Network receives more than 39,000 reports The original story was published here "18 January 2016 The Australian Cybercrime Online Reporting Network (ACORN) is continuing to boost law enforcements  efforts to crack down on cybercrime, with more than 39,000 reports received from individuals and organisations in 2015. As Australia's reliance on technology grows, and online shopping remains an increasingly attractive option for busy Australians, the cost and incidence of cybercrime  is expected [...]

Identity theft at their fingertips: Fraudsters and Social Media

Media Release Identity theft at their fingertips: Fraudsters and Social Media 5 June 2014 As identity theft numbers increase in Australia, a consumer credit advocate shows how easy it can be for fraudsters to commit identity theft using social media, warning there are too many Australians disregarding their personal information, and leaving themselves wide open to identity theft and credit rating misuse. Graham Doessel, who is a Non-Legal Director of MyCRA Lawyers, a firm focused on credit dispute, says social media users who don’t opt in and maintain strong Privacy settings are [...]

Protect your credit file campaign fights identity theft

Media Release 'Protect your credit file' campaign fights identity theft. 16 May, 2014 As the Attorney-General announces rates have ballooned to 1 in 5 Australians affected by identity theft, a credit reporting advocate is running an awareness campaign aimed at reducing the numbers affected by this terrible crime. Graham Doessel, who is Non-Legal Director of MyCRA Lawyers, a firm focused on credit disputes, says identity theft can have devastating effects, including damaging the victim's credit rating. "Some identity theft victims can wind up banned from mainstream credit for years because a fraudster has [...]

Beware guarantor loans for desperate first home buyers

Media Release Beware guarantor loans for desperate first home buyers. 24 April 2014 First home buyers desperate to get a foothold in the property market are receiving financial help from Mum and Dad or other family members at increasing rates through family guaranteed loans, but a consumer advocate warns there is no financial benefit for the guarantor, and significant credit rating risks. Graham Doessel, Non Legal Director of MyCRA Lawyers, a firm focused on credit disputes, says the difficulties people face entering the property market has sparked an increase in guaranteed loans, [...]

2017-09-05T05:25:00+00:00 By |Categories: Broker, Consumer, Press Releases|Tags: , , , , , , , , |Comments Off on Beware guarantor loans for desperate first home buyers

Be careful where you live because it can affect your credit score

Media Release Be careful where you live because it can affect your credit score 15 April 2014 Australia's new credit laws have some consumers on edge and checking their credit score to ensure they're not blacklisted - but a consumer advocate for accurate credit reporting says beware, your credit score can be lowered by where you live as well as what you do with credit. Graham Doessel, Non-Legal Director of MyCRA Lawyers, a firm focused on credit disputes says many things can reduce your credit score, including your address. "Basically all the [...]

Know about your credit score before you buy a home.

Media Release Know about your credit score before you buy a home. 27 March 2014 A massive overhaul of Australian credit reporting law now means big brother is watching you like never before, and a consumer advocate for accurate credit reporting says there are some actions you should take now to minimise your risk of being locked out of a home loan. On March 12, Australia moved to ‘comprehensive credit reporting' when amendments to the Privacy Act had final implementation. Mr Doessel, Non-Legal Director of MyCRA Lawyers, a firm focused on credit [...]

The new credit habit EVERY Australian should adopt in 2014

Media Release The new credit habit EVERY Australian should adopt in 2014. 15 January 2014 New credit history data about Australians is set to be shared with credit providers in March this year, after a 16-month collection period that many consumers have been unaware of – and a consumer credit advocate is warning Australians about the importance of routinely checking their credit rating to make sure their information is accurate. Graham Doessel, Non-Legal Director of MyCRA Lawyers - a firm focusing on credit disputes, says come March, Australia’s credit reporting laws are [...]