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Credit repair in Australia refers to the process of improving one's credit score and financial standing through various means, such as reviewing credit reports, disputing errors, negotiating with creditors, and implementing strategies to manage debt and improve payment history. This service is typically offered by credit repair companies, which can assist individuals in repairing their credit and accessing more favorable loans and financial products. However, it is important to note that not all credit repair services are legitimate, and individuals should carefully research and vet any company before engaging their services.
Fixbad Credit07 Jul, 2023Business
The term serious credit infringement relates to consumer overdue debts where an individual owes a debt to a credit provider but has left or appears to have left their last known address without paying that debt and without providing the credit provider with their new or forwarding address. A serious credit infringement can be listed on a credit report in this case if the individual has not had contact with the credit provider for six months or more despite attempts by the credit provider to contact them. It is also known as a clear-out?
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