Australian Credit Reporting Law & Credit Repair.
Welcome to our Credit Repair Web page. Credit repair is the process of removing, deleting or amending information contained on a credit file. This may be done for an individual or a corporation. Only incorrect, inaccurate and misleading information may be deleted from a credit file.
WHAT INFORMATION IS CONTAINED IN A CREDIT FILE?
A great deal of information is contained in a credit file. Your name, date of birth, drivers licence number, address, current& past employers, applications and enquiry for credit, details of overdue accounts, and public record information.
HOW LONG IS INFORMATION STORED ON A CREDIT FILE?
Court writ or summons 4 Years
Credit enquiry, court judgment, Payment default 5 Years
Bankruptcy, Part 9 Debt Agreement, Clear out 7 Years
Previous Directorship, External Administration 10 Years
WHO ARE THE MAIN CREDIT REPORTING AGENCIES IN AUSTRALIA:
Equifax. Dunn & Bradstreet. Tasmanian Collection Services.
One should check the information held on their credit file held by all of the above listed organisations. It is not sufficient to check with only one of the credit reporting agencies.
Credit reporting in Australia is governed by the PRIVACY ACT 1988(Cth) and is supplemented by the Credit Reporting Code of Conduct. The legislation is difficult and in some instances fails to meet the requirements of effective regulation of credit reporting in this country. Our firm has practiced in this area for many years, which has enabled us to gain expertise which puts our clients in the best position to restore their credit worthiness.
A Credit file provides an insight into credit worthiness and its integrity is paramount to your financial well being. In today’s tight lending market even a small blemish may see you rejected for credit or subjected to credit where the rate of interest imposed is well above the most competitive rate offered in the market place.
Should listings on your credit file be discovered, you are able pursuant to legislation to challenge such listings.
Our firm operates Australia Wide and has successfully helped many money people restore credit worthiness.
We are experts in Australian Credit Reporting Law and we charge our fees in this area on a “NO WIN NO FEE BASIS”
We are able to help with;
The removal of defaults
The removal of judgments
The removal of cross references
The removal of fraudulent or mistaken entries.
Please feel free to call us for a no obligation chat about how we can restore your CREDIT HISTORY.