Credit Repair is the removal of unfair, disputable & contestable listings from credit reports.

When you apply for any type of credit your credit report is almost always checked. Your credit report is a basic history of your past financial activity and is one of the main factors in determining whether or not you get approved.

A credit report generally contains information such as; addresses, employment history, current employment, credit applications, defaults (overdue accounts), court judgments, clear-outs, crossed or linked files, name changes and bankruptcies etc.

When you make these enquiries or applications for credit, even a mobile phone on a contract or apply for an interest free store offer, chances are your details have been given to a credit reporting agency.

You are not alone. There are over 14.7 million credit files in Australia, these contain over 3.47 million negative listings (Veda Advantage – November 2008).

Some credit providers and credit reporting agencies may deny it but these unfair, disputable and contestable listings do happen, and they may be legally removed.

The benefits of credit repair include:

• Removing negative listings can result in instant approval.
• Reducing interest rates.
• Reducing upfront and ongoing fees.
• Reducing repayments.
• Saving thousands.

Unfair, disputable and contestable information that can be removed from your credit report includes:

• Overdue accounts
• Defaults
• Court listings
• Judgments
• Clearouts
• Crossed or linked files
• Multiple identities
• More

To find out more information click here