GOT BAD CREDIT?
Are you struggling with debts ?
Have you been declined a loan ?
Restore My Credit can help you
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SERVICES

At Restore My Credit we pride ourselves on offering our clients workable solutions to their current credit issues whether that be credit repair or debt negotiations.

Debt Negotiation

Are you experiencing financial difficulties and cannot afford to maintain your financial obligations either personally or in your business?

Restore My Credit are experienced experts specializing in debt negotiations with all creditors, including ATO (Australian Tax Office), to substantially reduce and or eliminate debt with no effect to your credit rating. This specialised area is different from other paths such as Part 9, Bankruptcy or other recorded formal debt arrangements that can affect your credit rating.

We can assist with personal debts and or business/company debts, and with secured and unsecured debts.

Restore My Credit can step in and negotiate with your creditors and take away the continued collection calls, letters and default notices to alleviate your financial stress. We can negotiate to settle your debts at reduced amounts, reduce your payments, lower your interest rate or enter into approved payment plans.

We skillfully assess your financial situation, income, expenses, and debts and provide you with the best outcome for your circumstance.

We understand the sensitivity and difficult times in your life, and we aim to make the process as easy and comfortable as possible as we assist you with your financial matters.

We have been successfully negotiating debts and offering debt relief to many clients across Australia.

Call us today for a confidential discussion or fill in the equity form below and we’ll get in touch with you to assess your situation.

Paid and Unpaid Defaults

A consumer credit file contains information on consumer accounts that become overdue and reportable to a Credit Reporting Bureau (“CRB”)

The 2 most commonly used CRB’s in Australia are Equifax (formerly Veda) and Illion (formerly Dunn & Bradstreet)

Defaults can be listed on a credit file when an account over $150.00 has been due for over 60 days. This information may be reported on your credit file by the credit provider, this is referred to as a payment default. The default remains on the file for 5 years regardless of whether or not it is paid.

To remove defaults from a credit file, it must be established that an error has been made by a creditor where the creditor has failed to comply with all legislative requirements.

We provide AN OBLIGATION FREE CONSULTATION prior to accepting any fees or taking a file on.

If you have an unpaid default, we urge you to talk to us first before paying a default. Automatically paying a default will in normal circumstances only update the listing to “Paid” and will not remove the default listing from your credit file, this can still cause you problems in obtaining any finance.

Speak to one of our credit mediation experts and you can be assured of transparent and honest advice as to how to improve your credit file.

Call us today for a confidential discussion or fill in the equity form below and we’ll get in touch with you to assess your situation.

Commercial Defaults

A commercial credit file contains information on commercial accounts that become overdue and reportable to a Credit Reporting Bureau (“CRB”)

The 2 most commonly used CRB’s in Australia are Equifax (formerly Veda) and Illion (formerly Dunn & Bradstreet)

A commercial default can be placed on your individual consumer credit file and or your business or company file. This can occur if you are a sole trader, or a director of a company and you have provided a director’s guarantee to a credit provider. Or for any commercial credit account you may have applied for.

This can affect you obtaining finance either in your personal name or your business or company name.

Commercial defaults can only be removed if there was a genuine dispute in relation to the account at the time of the default listing.

With commercial accounts, the account only needs to be overdue and payable and may be listed without the same notice period as a consumer account.

Speak to one of our credit mediation experts and you can be assured of transparent and honest advice as to how to improve your credit file.

Call us today for a confidential discussion or fill in the equity form below and we’ll get in touch with you to assess your situation.

Court Judgements and Writs

Court Judgements are the process associated with the collection of an outstanding debt through the courts and legal system. Court judgements are entered into against individuals and companies when a civil claim has been brought against the individual or company in court, and no defense is lodged at the time or a defense was not successful.

A court judgment can be placed on your personal file and or company file and can remain on there for 5 years.

A Writ of Summons is a court document used to start legal proceedings. There are strict time limits to respond to a Writ and if you do not respond within the required period of time, the issuer of the writ can then apply to the court for judgment against you. Writs are more commonly used in WA.

The only way to have a court judgment or writ removed from your credit file, is to settle the judgment or writ and to obtain particular orders from the court depending on in which jurisdiction the judgment was entered into. Then particular submissions need to be made with the correct orders to the Credit Reporting Bureaus (“CRB”).

At Restore My Credit we can assist in the whole process from settling any outstanding judgments with your creditor and obtaining the correct orders to have the judgments removed.

Each jurisdiction is different, and it can be difficult to know what to do or how to do it. We can assist you in dealing with these matters in a professional and stress free way.

Call us today for a confidential discussion or fill in the enquiry form below and we’ll get in touch with you to assess your situation.

Repayment History Information Services

Your repayment history is recorded on your credit file for two years. Only your repayment history from licensed credit providers who hold an Australian Credit Licence can be recorded. Telecommunication and utility companies are not licensed credit providers, so your repayment history will not include these providers.

At Restore My Credit, we can negotiate with your creditors to have your repayment history information amended if you have sufficient grounds for doing so under the National Credit Code, or if the repayment history information has been listed in error.