by repairmycreditnow | Feb 28, 2017 | Credit History, credit repair, credit reporting, finance, mortgage loans
An enquiry listing is created on your credit file every time you apply for credit. These listings stay on your file for 5 years. It’s a great thing to have an active credit file that shows you are applying for credit from time to time. However, if you make too many...
by repairmycreditnow | Feb 28, 2017 | Credit History, credit repair, credit reporting, finance, mortgage loans, Uncategorized
There are two types of bankruptcy that may appear on your credit file, they are: 1. Voluntary (debtor’s petition) Anyone who owes a debt of any amount to another person can enter bankruptcy voluntarily by filing a debtor’s petition with the Official...
by repairmycreditnow | Feb 21, 2017 | Credit History, credit repair, credit reporting, finance, mortgage loans
I wrote recently about Veda changing their external dispute resolution scheme from the Financial Ombudsman Service (FOS) to the Credit and Investments Ombudsman (CIO): https://ow.ly/JGeK309cdsT Veda changing EDR’s is entirely fiscally driven. They have moved to...
by repairmycreditnow | Feb 21, 2017 | Credit History, credit repair, credit reporting, finance, mortgage loans
We make over 800 complaints to Veda on behalf of consumers each year. Some of these complaints are escalated to an external dispute resolution scheme in order to achieve a result for our clients. To date, Veda’s dispute resolution scheme has been the Financial...
by merri | Feb 8, 2017 | Credit History, credit repair, credit reporting, mortgage loans
In March 2014, Australia introduced comprehensive credit reporting. The change had good and bad points. The good is – tighter protections for consumers facing hardship, and more notifications required prior to default listing a client on a credit file. The bad...
Recent Comments