Credit Restoration
Fix Your Credit Rating
Whenever you apply for any type of finance, your credit history is checked by lenders. If you have just one negative listing on your credit report, you may find it difficult to get approved.
Last month we successfully made 3,265 amendments to our clients Credit Reports! (January 2024)
Credit restoration can possibly:
- Increase your chances of loan approval
- Increase your credit score
- Lower interest rates
- Lower fees
- Reduce repayments
- Save thousands in interest
Your credit history can affect your ability to obtain a line of credit, like a car or a home loan.
Your credit score is a number that represents your credit worthiness and is based on the information contained in your credit report. Most credit providers use an automated process to decide whether or not you get approved for finance based on your credit rating and your ability to service the loan, so the information within your credit report plays an important role in determining your credit rating.
Your repayment history can also play a part in determining how creditors make a decision on your application. If you forget to pay a bill and it goes past 60 days from the due date, a default may be recorded on your credit report. Even if you pay any outstanding debts, credit providers may still reject your application. Therefore, completely removing black marks from your credit report is imperative to improving your chances of a loan approval.
Fixing your credit history may help you save thousands on interest
Your credit rating may also dictate the interest rate you pay and the fees your bank or financial institution charges you, so restoring your credit may help save you thousands of dollars in interest. However, your individual circumstances will also impact any outcome.
To learn more about how we can assist with fixing your credit rating call our team on 1300 676 124 or request a call back.
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