How Do You Repair Your Credit Score?
Everything you need to know about credit restoration in Australia
If you’re currently struggling with a low credit score, you’re probably familiar with the concept of credit repair. But with so much conflicting information online, it’s hard to know what it is, how it works and how it might impact your score in the future.
We know you need helpful information about how to remove bad credit history to financially recover, not more questions. Here’s a brief introduction to everything you want to know to become informed and empowered. The rest, you can leave to Real Credit Repairers to do what we do best and restore your credit rating.
How to remove inquiries from a credit report in Australia
You could try and go this alone, but you’ll need plenty of time, patience, negotiating skills and understanding of the system. You’ve probably realised this is a lot to wrap your head around - actually taking it the next step and trying to reverse the problem is even more complex. We strongly recommend you appoint a credit repair company such as Real Credit Repairers.
Our team of experts understands the process, we have the networks and connections and we know precisely what needs to be done to repair your credit. Besides, we only charge if we’re successful, so you’ve literally nothing to lose (but everything to gain).
What is credit repair in Australia?
Credit repair services can improve a low credit score by removing credit defaults, black marks, court rulings, judgements, and other negative factors.
Seasoned experts work on your behalf to correct inaccurate items, negotiate late payments, or remove hard enquiries from past credit applications.
There are several variations of credit score repair services. Some providers use a universal plan to repair credit scores, while others take an all-in-one approach that adjusts to your personal needs.
The team at Real Credit Repairers is one such provider, offering credit repair services that adapt to individual circumstances.
Our credit repair services include the following:
Credit enquiry removal
Court judgement removal
Identity theft or mixed identity resolution
What are the benefits of credit repair in Australia?
The benefits of a skilled firm may be just what you need to get results.
Top-notch expertise — Credit repair specialists like us have the know-how and experience to evaluate your credit report and uncover damaging items.
Legally compliant — Our professional credit repair services remain compliant with applicable laws, ensuring you don’t end up in hot water while trying to improve your score.
Better bargaining power — We have pre-established relationships with major banks and private creditors, meaning we often have more leverage while negotiating your defaults or black marks.
The biggest benefit of removing default on your credit file and beginning the repair process? Immense time savings. And if you choose the professionals at Real Credit Repairers, you'll have your case resolved in weeks, if not days.
A timeline of the credit repair process
The time it takes to remove defaults and repair your credit depends on the credit provider in question. If you’re looking for a more specific answer, here’s what you can expect from Real Credit Repairers:
The initial chat — Pop on the phone, email, or chat with us online to discuss your credit repair needs. If you opt for a free credit report, we’ll get back to you in 24-72 hours. However, if you pay $70 for our expedited program, we’ll audit your report on the spot.
We investigate — We'll call credit companies, scour your report, and take stock of where you stand. Depending on your case, this may take a few days to a few weeks.
We dispute any black marks to remove bad credit — Our team resolves whatever they can on your behalf. We'll have this done in six weeks or less! Based on a case to case scenario.
Default removal success to clean your history — Our team will work to close your case in six weeks or fewer, depending on your situation. It is up to the creditor to contact the credit bureau and ensure their black mark(s) are removed.
Real Credit Repairers are ready to go whenever you are. It just takes a single phone call to get started!
What information is kept in my credit report?
Your credit report typically contains a variety of information, including:
Personal identification details such as your name, address and date of birth.
A summary of the credit accounts under your name (for example, credit cards, mortgages and other types of loans, utility accounts).
Repayment history - this includes whether or not payments were made by the deadline.
Credit defaults - highlighting when you failed to make payments on time.
Credit inquiries made by creditors or lenders assessing your credit application.
Court actions, including court judgments or bankruptcies relating to your default/s.
Your credit score - a number that represents your credit eligibility and ranking based on the information in this report.
Who can add information to my credit report?
There are several entities that can contribute information to your credit report, including:
The good news is that you have the right to dispute any additions you deem to be inaccurate or erroneous.
How long do enquiries stay on credit report?
Clients with bad credit history often ask this question. The answer is typically around five years. This includes “hard” enquiries, such as those made when you apply for credit, and “soft” enquiries, which take place when the report is accessed for ID verifications or pre-approved offers that need to run a credit default check.
How many credit inquiries is too many in Australia?
There is not a specific number that defines ‘too many’. However, it’s important to be mindful that too many credit enquiries over a short period might suggest to lenders that you’re actively seeking credit. As a result, they may deem you to be a higher risk than originally perceived.
How long do defaults stay on credit file in Australia?
Defaults will typically stay on a credit file for five years from the date of listing.
How to clear a default on credit history in Australia?
Want to know how to clear bad credit history? The answer is to appoint experts like Real Credit Repairers who know exactly who to approach and how. We have the expertise and reputation to remove default from your credit file and give you the best possible chance of loan application success.
Does afterpay affect credit score Australia?
AfterPay does not report to credit reporting agencies, which means your AfterPay account and activity will not affect your credit score one way or the other.
Should you hire a credit repair company?
Understanding how to increase credit score in Australia and remove bad debt can be a very stressful, confusing and complicated process. Unless you have professionals like Real Credit Repairers on board.
We know the processes, protocols and people that can progress you through the system as quickly as possible. Also, we work on a no-win-no-fee basis, so there is very little to lose and a huge amount to gain in hiring us.
Get your credit score free report and consultation today and see how we work.
Choose Real Credit Repairers for your credit repair process
You can solve this problem. It’s not a dark cloud that has to keep hanging over you.
Credit repair services are a simple, fast and cost-effective solution. When you're ready to remove credit default, improve your credit score and take hold of future opportunities, don't hesitate to contact Real Credit Repairers. With a no-win, no-charge policy, our heart is in the right place. We genuinely want to help you get out of this financial hole and find a bright new future head.
