We Fix Credit can assist you with removing credit infringements from credit file reports, to assist you get approved for your finance sooner with your preferred bank/financier, at a better interest rate.
If you have bad credit history you may be able to get approved for a home loan in certain circumstances, however, you will most undoubtedly be paying a much higher rate of interest and you will not be able to do this through a normal bank. Secondary Mortgage Lenders charge higher rates because they know that people with bad credit won’t be able to get their loan from anywhere else! This will cost thousands of dollars in extra interest payments.
Looking to travel overseas or complete some home renovations or for any other purpose? If you have a bad credit history record, then it is almost guaranteed you will be refused a personal loan.
The rules and regulations (legislation) surrounding lending are becoming tighter, making it harder to get approved. In fact, these days, Personal Loan Applications are automated. Either a Credit Infringement and/or a low Credit Score will see an automatic refusal. Even shopping around and applying for the best loan rate (which ironically you are encouraged to do) will destroy your Credit Score and will take months before it starts to improve!
If you’re thinking about a home or personal loan but you are not sure that you may have a credit infringement on your credit report, we can help. Our consultants will explain in detail all of the relevant information that you need to understand your credit report in a clear, easy to understand manner. If you do have a credit infringement, we will structure a strategy to help you completely remove any defaults from your credit file, to improve your credit score and improve your ability of getting your loan approved.