Here at Clear Credit Solutions, we can help you remove bad credit from your credit report and be approved for finance, here’s how through this article which hopes to help those people who are wondering “how do you remove bad credit?”.
What is bad credit?
There are many reasons a person may have bad credit and we understand how difficult it can be for you when trying to obtain financial stability again. There are a number of things that can be considered to be ‘bad credit’, these can include:
- Late repayments
- Credit defaults
- Court judgments
- Fraudulent enquiries
By removing these defaults and negative listings, it will help your credit score increase from your credit file and help you move forward financially and be approved for finance.
Steps to remove bad credit in Australia
There are a number of steps an individual can take to improve their credit score and remove bad credit in Australia. These steps can be things such as:
- Check your credit report for accuracy and identify issues affecting your score. You can get a free credit report from Equifax, Illion, and Experian every 3 months.
- Address negative items on your credit report, focusing first on defaults and court judgments. Note that paying a default doesn’t remove it but updates it to “paid”.
- Amend late payment history by ensuring all future payments are made on time. Set up automatic payments to avoid missing deadlines.
- Consider using a credit repair service, such as ours at Clear Credit Solutions, to help remove defaults, court judgments, and other negative listings. Our services can also offer advice on rebuilding your credit score.
- Be aware that most negative items, such as defaults and court judgments, stay on your credit report for up to 5 years. After this period, they are automatically removed.
- Improve your credit history by keeping all payments up to date, which is crucial for fixing your credit score.
What Clear Credit Solutions can help with
Our team is made up of experts that know exactly what we’re doing when it comes to removing bad credit from your report. Our goal is to repair your credit and help you move forward with our one set fee and no hidden costs, no charge per default or negative listings and a full refund guarantee if accepted by us as a client.
Start by contacting us either through your broker or online and we’ll investigate in a copy of your credit report from one of the 3 major credit reporting bodies ( Equifax, Illion, Experian). We will then discuss with you what is required to remove the bad credit from your report and if we are able to take you on as a client or not. If not, we will give you some great advise on how to improve you credit report yourself but you are not accepted or charged.
If you are accepted, we will start the process immediately, our process is an average of 30 days but everyone’s case is different. As a Clear Credit Solutions client we will keep you updated throughout the process with where your credit file is in its clearance. When the removal of your bad credit is complete, you will be pleasantly surprised on how much your final score increases.
Once your credit is clear, you will receive a copy of your credit file. This is to show confirmation that the negative listings and defaults have been removed from the file, so that you can move forward with your finance.
