Do You Have a Default Judgment Against You?
The tightening of lending criteria and changes to the credit reporting system within Australia have made it vitally important to increase your credit score and to keep your Credit Right.
With over 40 years combined credit, debt and legal experience, Credit Right (in association with EC Legal) aims to effectively negotiate positive outcomes for its clients by restoring or improving their credit bureau profiles.
Credit Right Helps People Like You Recover
Get more information on your Judgment:
Credit Right can help with:
DEFAULTS AND JUDGMENTS
- Investigating the methods used by creditors to list the default or judgment
- Liaising with your creditors to negotiate settlements on your behalf
- Negotiating by consent and/or making applications for the negative information to be removed
CREDIT BUREAU REPORTS
- Obtain a copy of your report for review
- Reporting to you with advice on how to improve your credit file
HOW IT WORKS
Credit Right uses a simple five step process:
Consultation: reviewing your situation and assessing your goals
Communication: making contact with the creditors involved and obtaining further information about the matter
Consideration: investigating the legal and compliance steps taken by the creditor when listing the default
Court Application / Consent orders: making an application to escalate review of the matter, or making arrangements by mutual consent (subject to the outcome of the investigation)
CreditRight: receiving confirmation from the credit bureau that the default has been removed, or supplying the bureau with an order of the court confirming the default has been set aside.
We report to our clients each time their matter is updated and we are available at all times to answer any queries for true peace of mind.
FREQUENTLY ASKED QUESTIONS
A single negative entry on your credit history can have a substantial effect on your ability to obtain and maintain finance and may cause a combination of:
- Applications for finance or trade accounts being declined
- Cancellation or a review of financing you currently have in place (e.g. cancellation of credit cards, loans and overdrafts or a reduction of credit limits on those accounts)
- Impacting your ability to trade if you are self-employed
Bear in mind that payment of the amount claimed under a default or judgment alone will not automatically restore your credit.
The variables leading to any delays can include the time taken for the other party to provide materials and documentation from the other party as well as the time it may take the Court (where applicable) to consider any applications we may file on your behalf.
Instead, CreditRight guarantees to apply the 80 years of combined credit, debt and legal experience toward negotiating the best outcome for its clients.
We recommend you get in touch for a no-obligation appraisal to help make your CreditRight.