Credit Fix Solutions is an officially licenced credit repair company in Sydney.
Chelsea Planning & Consulting Pty Ltd T/As Credit Fix Solutions ACL Licence No: 531433 | AFCA Member # 82962.
We offer default and court action removal assistance.
It does take around 4 to 8 weeks to remove an unfair default, or court action.
We are a licenced debt management firm under ASIC.
A credit repair company should help you look at negative data that you dispute on your credit report.
Your credit report is where Lenders check up on you before approving you for a loan.
As a credit repair company, we also offer free assessments and guidance on credit reports and scores.
Sometimes the negative data might be coming off soon, or may be irrelevant if you are not looking for finance for another 6 to 12 months, for example.
For example, you may have some missed repayments on your report from early 2020.
However, if you aren’t going for a loan until say mid 2022, there is no need to pay for a credit repair company to fix this.
This is because the missed repayments would have dropped off your report by early 2022.
Repayment history only goes back 2 years.
Type and frequency of enquiries can also affect your credit report and score.
However, it’s not always necessary to pay a credit repair company to fix this.
For example, you have a few low grade enquiries from 2020. but you’re not going for finance until late 2022.
By that time, the 2020 enquiries will be old and not necessarily looked at by future credit providers.
In all cases, you should use an accredited local finance broker to look at your options, before you apply for finance.
A credit repair company can offer good credit repair fixes for more complicated matters.
We have offered credit repair services in Sydney, and across all States in Australia for 8 years.
Firstly we assess your credit report and make sure that any work we do for you will be a benefit to you.
We also make sure we have a valid reason to take your case on, for example, legal grounds to dispute negative data.
We charge default and court action removal fees, but only once we have a successful result.
Looking for a great credit repair company in Sydney?
Contact us today via our contact form, and a consultant will get in touch.
In the meantime, if you don’t have your credit report, get your free copies from the credit reporting agencies:
The team wishes you all the best with your future finances.
We look forward to hearing from you should you require a free assessment, or some education on your credit report and score.
This article is educational only and is not financial advice.
Please call the National Debt Helpline on 1800 007 007 for free financial advice.
Fixing your credit score, and here’s a little help!
‘Fix my credit score?’ …you type into Google.
Around a million results pop up.
It’s a confusing realm of information, and it can be a bit daunting.
Where do I start to fix my credit score?
This is a common question, and a good one to ask.
Your credit score is a number between 0 and 1200.
At Credit Fix Solutions we look after thousands of finance brokers, and help them with their credit reporting education.
Because of this, we have looked at and assessed thousands of credit reports over the past 8 years.
We understand that if you’ve never looked at your report, it could be daunting.
Well here’s where to start, and we hope this helps you!
Do you know what your credit score is?
Did you know that as long as your credit score sits at 650 and above you should be able to access most Lenders’ products.
But you can have a good score and still have negative data on your report that may affect your ability to obtain finance.
Check your credit reports with Equifax, Illion and Experian.
Get your free copies here:
www.mycreditfile.com.au – Equifax
www.illion.com.au – Illion
www.experian.com.au – Experian
If you need help reading your reports we offer free credit report health checks / assessments.
We are now a licenced credit repair firm as well.
You can email a copy of your reports to us at email@example.com, or submit a contact form here
Our CEO Victoria Coster and her team of consultants will spend time with you over the phone to help you understand your report, understand your score, and give you ways how you can protect or improve your credit report and score.
I hope you are all well and safe!
Credit Fix Solutions | Credit Fix Lawyers
ACL Licence No: 531433 | AFCA Member # 82962
This article is not deemed financial advice.
For finance tips please go to www.moneysmart.gov.au, or call the National Debt Helpline on 1800 007 007
Spring is here! It’s time for a spring clean!
With Spring on the horizon in Australia, it could be time to spring clean your credit report.
And as many of us are still in lockdown, what better way to spend an evening!
This article can help you with steps to spring clean your credit report.
How to get started
- Grab a copy of your credit report from Equifax, Illion and/or Experian.
- Have a read through of your report.
- Does your credit report confuse you?
- Learn about your reports with our free eBook (click here to download a copy).
- Is there any data on your report that seems odd or incorrect?
- Lodge a dispute to the credit provider directly
- Allow them 30 to 45 days to investigate your complaint
Hopefully that helps you to spring clean your credit report and as a result fix your credit!
Some more top tips
24 months repayment history information is now being reported on your credit report.
If you’ve been late with payments, these could be listed on your report.
Loans like mortgages, credit cards and personal loans are now recorded.
Missed repayments can affect your credit score and report.
They can also affect your ability to access the best interest rates.
Too many enquiries can also bring down the credit score.
And, in turn they could affect you getting a loan.
Speak to a local accredited finance broker before you apply for finance.
They can help with mortgages, personal loans and vehicle/business finance.
And lastly, a shameless plug for us!
If you’re still stuck with your credit report, contact us here
We offer free consultations on credit reports.
Happy spring cleaning!!
- This article is not financial advice. Please go to www.moneysmart.gov.au for finance tips.
- Contact the National Debt Helpline for help on 1800 007 007
Morning and happy FriYAY!
It’s day something or other in lockdown for us in Sydney.
I hope you’re all well and safe!
On the plus side we had some fantastic successes this week.
My podcast with The Adviser went live this week.
The editor Annie Kane and I discuss comprehensive credit reporting:
It’s a 30 minutes podcast and will help with your understanding of credit reporting.
Things like repayment history information and what is your credit score.
Here’s a link to the web page about the episode:
Also, I wanted to share a great success story from this week.
We had a new broker come to us on 30th August with a client of his.
He couldn’t get her the first home owners grant scheme loan.
She had one default listed on her credit report.
31st August I received the credit report from his client and she came on board.
Today, 3rd September, I got a default removal confirmation for the client!!!
MIC DROP MOMENT!!
Broker is over the moon as he needed the default removed due to the nature of the loan his client required.
(First home buyer etc etc).
Anyway, thought I’d share some good news to bring us into the weekend!
Oh…..and I had a chair dance at my desk to MC Hammer just now hehe!
Happy weekend everyone!
Contact us through our website here if you’d like a free health check of your credit report.
Take care and be kind to yourselves and each other.
CEO | Credit Repair Specialist
Credit Fix Solutions | Credit Fix Lawyers
AFCA Member # 82962
*This article is not deemed financial advice. Please go to www.moneysmart.com.au for free finance tips
Or call The National Debt Helpline on 1800 007 007 if you are experiencing financial hardship.
What is our free eBook on credit reporting all about?
We hope you are all well and safe during these hard times.
We have a free eBook on credit reporting so that if you are struggling, you can at least find ways to protect your credit report and score until we get back to some sort of normal again!
Did you know there are now 3 different credit reporting agencies in Australia for your personal credit report and score?
Do you need help understanding your credit report or credit score?
We have the solution for you and it’s totally FREE!
Our CEO, Victoria Coster, has 20 years experience in the finance and credit repair sectors.
She has written an eBook on everything you need to know about your credit report!
Topics we cover in our eBook on credit reporting:
- Understand your credit score
- What is contained in your credit report
- What is repayment history information
- Where can you get a free copy of your credit report
- Case studies of bad credit reports
- What you can and can’t fix on your report
- How to fix your credit report yourself
Download your free eBook here
Please note that if you are currently experiencing financial hardship you can go to www.moneysmart.gov.au for tips.
Or you can call the National Debt Helpline on 1800 007 007
Feel free to submit a contact form on our website here
We wish you all the best with your financial future.
#creditreportadvice #fixmycredit #creditrepair
We help people understand their credit reports and with credit repair Australia wide.
This is another top tip article brought to you by our CEO Victoria Coster.
Have you heard of buy now pay later loans?
This is where you go to a shop, or shop online and the retailer offers you a few months to pay off the purchase.
You usually get to pay the purchase off over 3 months with no interest.
Buy now pay later Lenders have replaced ‘lay-by’ across much of Australia.
Should I use a buy now pay later facility?
We think the following pros and cons may assist you with the answer.
- A BNPL loan is better than taking out a credit card for $1000 and paying interest
- As long as the purchase doesn’t put an enquiry on your report it’s ok.
- If the BNPL lender puts an enquiry on your report this can drop your score
- Just 1 BNPL enquiry on your report can drop your score down around 50 to 100 points
- Do you really need to purchase the item you are looking at?
- Could you save up and then buy the item in 2 or 3 months time?
- Lenders look at your bank statements and your spending habits
- Lenders could question BNPL purchases to assess your credit worthiness
We’ve had a few clients recently needing credit repair Australia wide.
Not because they have defaults or really adverse information on their credit reports.
But JUST to remove 1 or 2 BNPL enquiries because their score was too low for the Lender they wanted!!
Check your credit report today!
Grab your free credit report from Equifax or Illion.
We offer FREE assessments of credit reports.
If you need help, we provide credit repair Australia wide!
Contact us through our website here for your free assessment and copy of our eBook on credit reporting.
Good luck with your future finances.
We look forward to hearing from you if you need any help with your credit report.
PLEASE NOTE if you cannot afford our fees, or are currently experiencing financial hardship, please go to www.moneysmart.gov.au for free tips and tools. Charities such as The Salvation Army and Anglicare also offer assistance or you can call the National Debt Helpline on 1800 007 007. This article is for information purposes only and is not considered financial advice.