In an exclusive interview with Eleven Media, Visage Credit Repair confirmed that they believed the Credit Repair Industry in Australia will grow dramatically over the next five years due to current economic situation evolving across the country.
Visage Credit Repair is an industry leader that provides expert credit repair services and debt management solutions. They are experts who carefully guide clients through tough financial positions.
Michael Mikhael, Founder and Managing Director of Visage Credit Repair said this when interviewed by Eleven Media, “As a result of a combination of the recent sharp rise in Australian interest rates, the almost daily reporting of major Australian company collapses, with building company collapses almost being a daily occurrence, the credit industry is sure to experience unprecedented growth in coming years. Couple this backdrop with house hold budgets being strained to breaking point coping with ever rising power, gas and living costs, those struggling with debt burden will need our industries help in sharply growing numbers.”
Higher interest rates alone is making it harder for consumers to pay off their debts, which is ruining their credit history and, in turn, raising demand for credit repair services. It’s important for those struggling with higher intertest bills to talk to a professional to find a way out of their financial predicament.
Visage Credit Repair make it their mission to provide outstanding and responsive customer service so that their credit impacted clients can see a future without the stress and burden of financial insecurity. In addition to messaging, emails and telephone/zoom conference, they offer face-to-face interaction with their clients at physical offices around the country to visit in person with ease to discuss their situation.
Eleven Media’s research found that in Australia, there are millions of people who have been affected by the problem of bad credit. Even an overlooked utility bill of $150 or so dollars have the power to cripple a person’s credit rating and affect their ability to obtain credit and finance.
The three main credit bureaus are Equifax, Illion and Experian. When lenders want to see a credit report on an applicant, they will request it from one or more of these credit reporting agencies.
The report obtained and score can differ from bureau to bureau because they don’t always have the same information. For this reason, it is recommended that a check is made with each reporting agency separately to make sure that nothing adverse is missed.
Visage Credit Repair note that they generally get results within three or four weeks, if not sooner. However, each person’s credit situation is unique. How long it will take for any particular person to see improved results depends on many factors, such as the nature of their case, the number of negative listings on their report, and the level of credit bureau and credit providers’ cooperation.
Visage Credit Repair
Level 10, 440 Collins Street
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Scotland News journalist was involved in the writing and production of this article.