A default on your credit report means you’ve missed repayments on a debt for 60 days or more, and your lender has reported it to the credit bureaus. Once listed, a default listing will stay on your credit file for 5 to 7 years, even after you’ve paid it off.
Two Types of Default:
1. Consumer Default
Related to personal credit accounts such as:
Happens when:
2. Commercial Default
Related to business credit accounts in a company or ABN name such as:
A default on your credit file can hurt your finances, making it harder to get loans or credit.
Clearing any unfair or incorrect defaults can help restore your credit score and put your finances back on track.
Lenders may be hesitant to extend credit to businesses or individuals with defaults.
Any approved credit could come with unfavorable interest rates and less favorable terms.
Defaults can make it harder to secure funding for expansion or operational needs.
Guarantors may face personal credit damage and strain relationships, even if they weren't directly responsible for the original debt.
Removing defaults can open doors to better loans and gives you more borrowing options.
Helping Australians fix inaccurate credit listings and rebuild their financial reputation through expert credit repair and dispute services.
Having a default on your credit report can be stressful, especially when it’s the result of a dispute, miscommunication, or unexpected financial challenges. A default can hurt your credit score and make it harder to get loans, credit cards, or even rental housing.
That’s where we step in. Our mission is to help Australians identify, challenge, and remove eligible defaults from their credit files. Using our expertise in credit reporting laws and industry practices, we have developed effective strategies to challenge invalid, outdated, or incorrectly listed defaults.
We know the rules, we know the system, and we use that knowledge to give you the best chance to rebuild your credit.
Our experienced team works closely with lenders and credit bureaus to ensure that every default we review is accurate and fair. When it’s not, we take action to get it fixed or removed.
But it’s not just about removing defaults; we also help you understand your credit, your rights, and how to avoid problems in the future.
From start to finish, we’re here to help you take charge of your credit and your money matters.
Our credit repair experts carefully review your credit report to spot any inaccurate entries or associations.
We liaise with credit reporting bodies to dispute and investigate incorrect information.
We take action to fix incorrect listings and remove defaults that shouldn't be on your file.
We provide tips and resources to help you monitor your credit report and prevent future errors.
You will only be charged for the portion of the service that has been completed.
We have a $330 non-refundable investigation fee, which is deductible from the total service fee.
A credit default occurs when you fail to meet payment obligations for 60 days or more. It significantly lowers your credit score and reduces your financial credibility.
Australian Credit Savers is a trusted leader in credit repair. We focus on helping our clients succeed, and our commitment to their satisfaction drives the results we deliver.
✅ Experts in Credit Repair – We specialise in removing defaults and improving credit scores across Australia.
✅ Smart, Legal Strategies That Work – We understand the laws credit providers must follow and use that to your advantage.
✅ Personalised Support – Every credit file is different, so we create a custom plan just for you.
✅ No False Promises – We’re honest about what can and can’t be done. NO TRICKS, NO HIDDEN FEES.
✅ Strong Track Record – We’ve helped hundreds of clients successfully remove defaults.
✅ We Handle Everything for You – From dealing with creditors to negotiating on your behalf, we guide you every step of the way.
Don’t let incorrect or unnecessary defaults hold you back. At Australian Credit Savers, we help clean up your credit report and open the door to better financial opportunities. Get in touch today and start your journey to a stronger credit profile.
