Tag: Credit Repair

the credit repair steps follow the journey
Credit File & Report

The Credit Repair Steps – Follow The Journey

Follow the journey of a client who needed a loan, but had a bad credit rating. The steps towards credit repair are easier than you might think. Here, we tell the story of what steps to take if you find yourself with a bad credit history.

how does credit repair work
Credit Rating & Score

Credit Repair – How Does it Work in Australia?

Credit repair is a term used to describe the process of improving an individual’s credit report. This can be achieved through the removal or adjustment of incorrect negative credit listings from a person’s credit file. Credit repair is a possibility in Australia, but first, it’s important to understand what could have damaged your rating in the first place.

"How to improve my credit rating"||"How To Improve Credit Rating And Score"||||"Cost Effective Tips To Fix Credit Rating"||||||
Credit File & Report

Cost-Effective Tips on How To Fix My Credit

You may have read tons of articles about “tips on how to fix my credit”, but they often involve paying down your debts. What if you are financially hard up today, but you want your credit score fixed so you can get a better loan, job or perhaps a nicer apartment than what you could get with your current credit score?

Student Spending Tips
Tips

Student Guide: Money Saving Tips To Improve My Credit File

There are three major reasons why a person’s credit score goes down. Having too much debt, not paying bills on time and leaving errors on the credit file undisputed. The bottom line is, you’re overcharging your credit accounts and underpaying them. If money is the issue—then, it’s time to do some saving up.

poor vs good credit rating
Credit Rating & Score

Positive vs Negative Credit Score

A higher score means you will pay on time, but you’ll pay late or never, when your score dips below the average—that’s how lenders see it.  Perhaps you’ve read too many positive vs negative credit rating comparisons already and you understood why it’s so important for lenders. So, this time, we’ll give you fresh ideas on how you can turn your negative rating into a positive one based on your credit rating.

Credit Card Scam
Credit File & Report

How To Spot A Credit Repair Scam

When you are desperate, you are more vulnerable to scams of credit repair and dodgy money lenders whose sole purpose is to take advantage of you. Such a credit repair scam can cost you thousands of dollars, and if the service fooled you once, it will fool you again.

Signs that Indicate You Need to Repair Your Credit
Credit Restoration

Signs that Indicate You Need to Repair Your Credit

Is bad credit a common concern for you? Do you suspect that your loan application could be rejected because of that? If you’re uncertain, here are the top signs that show you are in desperate need of credit repair.

How Much Can a Credit Repair Service Cost You?
Credit Restoration

How Much Can a Credit Repair Service Cost You?

Bad credit is always like a thorn in our backside that prevents us from getting a loan – one that may decide if we live homelessly and in debt or relaxing in a beautiful home.

How to Fix Your Credit without Spending a Dime
Credit Restoration

How to Fix Your Credit without Spending a Dime

Bad credit is never a good thing to have – especially if you don’t want to pay loads of money to get your credit fixed professionally. You’re already in enough debt as it is, so there is no logic to throw even more fire into the flame.

The Costs of Repairing Your Credit
Credit Restoration

The Costs of Repairing Your Credit

The place where you can get your credit history fixed is called a credit repair agency. They will also be the ones to inform you about all the credit repair costs as each agency charges different fees.

DIY Credit Repair Tips
Credit Restoration

DIY Credit Repair Tips

Bad credit can either stall the process of getting a new loan or make it altogether impossible.

Is Credit Repair Actually Worth It?
Credit Restoration

Is Credit Repair Actually Worth It?

Experiencing difficulties in getting a loan is the best indication that you should focus on a credit repair. If your credit file has a bad history, financial institutions will be reluctant to give you a loan. Even if your business and income are doing great, chances are your loan applications will be rejected in case of a bad credit history.

How to Repair Your Credit after Bankruptcy?
Credit Restoration

How to Repair Your Credit after Bankruptcy?

Is it possible to get a loan when dealing with a bad credit history? How can you repair your credit? We’ve gathered a list of suggestions that will help you overcome this problem and improve your credit file!

The Importance of Tracking Your Credit Rating
Credit Rating & Score

The Importance of Tracking Your Credit Rating

Ever wondered why it is important to track your credit rating? Every Australian has a three-digit score, a credit rating that is calculated by credit reporting bodies (CRBs). This reveals data about your financial history gathered from financial institutions and banks from all over the country.

How often should you get a credit rating check
Credit Rating & Score

How Often Should You Get A Credit Rating Check?

Do you know your own credit rating? Do you know that your credit rating is flexible and changes as your debt accumulates or as your debt reduces? Do you know your credit rating can affect potential loans like home loans, personal loans, or even a loan for that sweet ride you’ve been eyeballing?

Amending Credit Rating for Future Finances
Credit Rating & Score

Amending Credit Rating for Future Finances

In case your crediting rating is not in the best shape, there are certain methods that you can do to be able to fix it. Why is there a need to amend your credit rating? When you are young, you spend without giving it a second thought.

Credit Repair - Another Perspective
Credit Restoration

Credit Repair – Another Perspective

I recently read an article about how the Australian Retail Credit Association (ARCA) had launched a fact sheet on how people could repair their own credit files if they felt an incorrect or contestable listing has been made against them. As the director of a credit repair company, the only thought I had while reading this information was “if only it was that simple”.

How to Clear my Debt as Soon as Possible
Credit File & Report

How to Clear my Debt as Soon as Possible

I often say this to myself, “I want to clear my debt” but I noticed that I find myself borrowing again just to be able to pay my existing loans. I’ve been thinking about how I can clear my debt as soon as possible.

Can Credit Repair Companies Really Fix Your Credit?
Credit Restoration

Can Credit Repair Companies Really Fix Your Credit?

In Australia, one in 10 individuals currently struggle with less than perfect credit. Whether it is due to missed payments in the past or taking on too many debt obligations in a short period of time, bad credit can be a challenge to overcome and can make the process of repairing a marked credit file a daunting task.

Don’t turn Christmas cheer into Christmas heartache!
Credit Restoration

Don’t turn Christmas cheer into Christmas heartache!

Christmas can be an expensive time of the year and it’s all too easy to spend more than you planned to. Many people start the New Year with bills they are unable to pay and this reality quickly replaces the joy of Christmas with a feeling of worry and regret.

High Credit Card Debt Means Credit Scores Suffer!
Credit Restoration

High Credit Card Debt Means Credit Scores Suffer!

There are a number of aspects that can negatively affect your credit score, including being late on repayments, having too many enquiries in a short period of time, and carrying too much credit card debt.

My Credit File: A Life-Long Investment
Credit File & Report

My Credit File: A Life-Long Investment

Many people may wonder, “how important is my credit file?” Your credit file is among the first documents that most lender goes through before approving loans or credit. Your credit file will contain your credit score.

||Is it Ethical To Remove A Negative Credit Listing?||
Credit Repair

Is it Ethical to Remove a Negative Credit Listing?

The question “should I help my client restore their credit rating?” is a highly contested one. From a credit providers perspective these are understandable concerns as the removal of a negative credit listing could be viewed as an attempt to mask the applicant’s true financial position and not allow them to apply an appropriate risk rating.