Debt Negotiation and Credit Repair

Debt Negotiation and Credit Repair

Debt negotiation and credit repair

Sometimes there are outstanding debts associated with the defaults and judgments on your credit file. With your agreement we can negotiate these for you as we move through the credit repair process. You do not have to pay any additional fee upfront for us to do this.

If we are successful in reducing your debt to a lump sum, which will usually be more than 50% of the current debt amount, we charge 25% of the difference we can make to the overall debt amount. For example, if a debt is $10,000 and we negotiate to reduce it to $5,000 our fee will be $1250, payable as soon as we have an agreement to reduce the debt.

For large debts we will consider capping our 25% fee on a case by case basis and will provide a quote.

If you do not have a substantial lump sum to finalise a debt, we can negotiate an affordable payment plan for you. For each payment plan we arrange our fee is $300, payable after we receive an agreement to set up the payment plan.

Debt negotiation on its own

With your agreement we can negotiate your outstanding debts for you even if you do not have a problem with your credit file. Our work aims to ensure your credit file will not be adversely affected in the future.

To negotiate your debts our stage 1 fee is $500. This is a fixed, non-refundable fee to prepare your case/s to each company (credit provider) who you owe money to.

If we are successful in reducing your debt to a lump sum, which will usually be more than 50% of the current debt amount, we charge 25% of the difference we can make to the overall debt amount. For example, if a debt is $10,000 and we negotiate to reduce it to $5,000 our fee will be $1250, payable as soon as we have an agreement to reduce the debt.

For large debts we will consider capping our 25% fee on a case by case basis and will provide a quote.

If you do not have a substantial lump sum to finalise a debt, we can negotiate an affordable payment plan for you. For each payment plan we arrange our fee is $300, payable after we receive an agreement to set up the payment plan.