Credit repair company fires back at COSL

The credit repair industry has fired back over a COSL release threatening to stop dealing with them. The Credit Ombudsman last week announced it was proposing to no longer deal with representatives of consumers – namely credit repair companies – “who...

Is credit repair ethical?

Last week, I had a revealing discussion with a broker about assisting a client with a default on his credit file. The broker said, “I don’t believe you can do this”, to which I replied “Do you believe it can’t be done or do you think we shouldn’t be doing this for...