by princeville | Nov 11, 2015 | The Adviser
I’ve been working in credit repair for seven years, and let me tell you: it isn’t perfect. Sometimes a client’s listing is removed quickly and everyone is happy. But sometimes we can’t help people. It’s as simple as that. And the client and broker are sorely... by princeville | Oct 12, 2015 | The Adviser
Exploring France’s Champagne region recently after an Australian friend was married there, I was reminded of the effect that Napoleon had on the common people of France. On many street corners, statues, plaques, and memorials mark the sites of victorious battles and... by princeville | Aug 25, 2015 | The Adviser, Uncategorized
We are all aware of the adverse listings on a credit file that automatically make it harder for your client to get a loan. Overdue accounts (also called defaults), court actions (whether paid or unpaid), late payment indicators and excessive recent inquiries will... by princeville | Jul 27, 2015 | The Adviser
Let me start by saying I am not advocating that debt agreements are bad for everyone. What I am saying is that some companies who also sell credit repair – and I’m sure some that do not – are giving bad advice about debt agreements because they make good money out of... by princeville | Jun 11, 2015 | The Adviser
Recently one of our clients had triplets. They were only planning one baby, but three were conceived naturally and they already had another young child. Sam, a young dad still in his 20s, urgently needed a new car to accommodate his expanding family, but when he... by princeville | May 27, 2015 | The Adviser
Credit repair companies regularly mislead and exploit vulnerable consumers, according to a regulator’s report. The Australian Competition and Consumer Commission (ACCC) has voiced “widespread concerns about the practices of credit repair businesses” in a new report on... by princeville | May 19, 2015 | The Adviser
The responsibility lies with brokers to ask prospective clients whether they have adverse listings on their credit file. Brokers tell me this question often elicits a blank look and a defensive “no” from the client, but the broker senses they may not be telling the... by princeville | Apr 20, 2015 | Mortgage Business
The day was coming, and has now arrived. In March 2014, the new credit reporting regime began in earnest in Australia and we were told that repayment history information would now be recorded on credit files. The legislation that brought this change came into effect... by princeville | Apr 15, 2015 | The Adviser
The day was coming, and has now arrived. In March 2014, the new credit reporting regime began in earnest in Australia and we were told that repayment history information would now be recorded on credit files. The legislation that brought this change came into effect... by princeville | Feb 15, 2015 | The Adviser
People with a bad credit file aren’t bad people. And credit repair agencies aren’t trying to get them out of their financial obligations. This is the feedback I sometimes get. In my opinion it’s a completely erroneous view that persists with some people in the...
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