Your Budget Now: fix your credit file, help your budget

Here's a hard truth.

A bad credit file hurts your budget.

You see, a default does more than block a loan. It can cost you, week after week:

• Higher interest. Lenders may charge you more, so that every repayment is bigger.
• Knock-backs. Banks say no, so you end up with costly lenders.
• Bonds and checks. Some phone, power and rental companies may ask for more, or say no.

What this means to you is less money left at the end of the week.

Fix your credit file now. Help your budget now.

More than 9 in 10 defaults have errors. A notice that was never sent. A wrong amount. A date that is off.

When a lender breaks the rules, the listing may have to come off. A cleaner credit file can give you better choices, so that more of your pay stays with you.

Five simple budget tips you can start today

1. Write it down. For one month, list what comes in and what goes out.
2. Pay the must-haves first. Rent or home loan, power, food and getting to work.
3. Check your bills. Once a year, ring your phone, power and insurance companies and ask for a better deal.
4. Save a little on payday. Even $10 a week adds up. Set it up so it happens by itself.
5. Check your credit file. You can get your credit report free from Equifax and Experian. Read every line.

Found something on your file that looks wrong? That's where we come in.

How MyCRA Lawyers removes wrong listings

1. Book a 15-minute call. Tell us what happened, so that we know your story.
2. We read your credit file. We check each listing against the law.
3. You get a fixed fee in writing. You know the cost before you say yes.
4. We do the legal work. We write to the lender and the credit bureau. We keep you posted.

We work to remove defaults, court judgments, credit enquiries and late payments (RHI) on your Equifax and Experian files.

Who runs Your Budget Now?

Your Budget Now is a MyCRA Lawyers website. The old Your Budget Now site has closed.

MyCRA Lawyers has been a law firm since 4 November 2013. The MyCRA business began in 2009. We're registered with the Queensland Law Society.

We're not a lender and we're not a broker. We don't sell loans.

Every case is different. We can't promise a result. If we think your chances are low, we'll tell you.