Creditglory.com.au Review
Berware Investors Creditglory.com.au. – Regarding fraudulent practices, issues with the registration of securities/derivatives, reporting requirements, and market intermediaries.
Who is Creditglory.com.au:
Creditglory.com.au claims to be a credit repair company that can help you improve your credit score by removing negative items from your credit report. However, there is no information about who owns or operates this website, where they are based, or what qualifications or experience they have in credit repair. The website does not display any logo, business name, address, phone number, email, or ABN. The only way to contact them is through a web form that asks for your personal and financial details.
Regulation:
Credit repair services in Australia are regulated by the ASIC and the National Consumer Credit Protection Act 2009 (NCCP Act). They must have an Australian Credit Licence (ACL) or be an authorized representative of an ACL holder. They must also comply with the Australian Consumer Law (ACL) and the Privacy Act 1988. Creditglory.com.au does not have an ACL or an authorized representative number. It is not listed on the ASIC’s professional registers or the Credit and Investments Ombudsman’s (CIO) member list. It is also not a member of the Credit Repair Industry Association of Australasia (CRIAA).
Location:
The location of creditglory.com.au is unknown. The website does not provide any physical address or phone number. The domain name was registered on 15 November 2021 by a private entity using a proxy service. The website uses a generic template and stock images that do not reflect any Australian identity or culture. The website also contains spelling and grammatical errors that suggest it was not written by a native English speaker.
Services:
Creditglory.com.au offers to remove defaults, judgments, bankruptcies, late payments, inquiries, and other negative items from your credit report for a fee. However, the website does not explain how they do this, what evidence they need, what results they guarantee, or what fees they charge. The website also does not provide any terms and conditions, privacy policy, refund policy, or disclosure statement. The website claims that they can improve your credit score by up to 100 points in 30 days, but this is unrealistic and misleading.
Reviews:
Creditglory.com.au does not have any reviews from customers or independent sources. The website does not have any testimonials, ratings, feedback, or social media presence. The website also does not have any trust badges, seals, logos, or certificates from reputable organizations or authorities. There is no evidence that creditglory.com.au has helped anyone improve their credit score or resolve their credit issues.
Customer Service:
The customer service of creditglory.com.au is poor and unreliable. The website does not have any phone number, email address, chat support, or FAQ section. The only way to contact them is through a web form that asks for your personal and financial details. The website does not state how long it takes to respond to your inquiry or what kind of support they offer. The website also does not have any complaints resolution process or dispute resolution scheme.
Why Check Company Credentials:
It is important to check the credentials of any credit repair company before you hire them or give them your personal and financial information. This is because some credit repair companies may be fraudulent, unlicensed, unqualified, inexperienced, ineffective, or unethical. They may charge you high fees for services that you do not need, that do not work, or that you can do yourself for free. They may also misuse your information, breach your privacy, damage your credit further, or expose you to legal risks.
Shielding Against Unscrupulous Credit Repair Services:
To shield yourself from unscrupulous credit repair services, you should do your research before you sign up for any service or pay any fee. You should check the company’s name, address, phone number, email address, ABN, ACL number, authorized representative number, CIO membership number, and CRIAA membership number. Additionally, check the company’s website for terms and conditions, privacy policy, refund policy, disclosure statement, trust badges, seals, logos, certificates, testimonials, ratings, feedback, social media presence, and complaints resolution process. Verify the company’s licence status and history through the ASIC’s professional registers, the CIO’s member list, and the CRIAA’s member list. Consult the ACCC’s Scamwatch website for the company’s scam reports and alerts. Use Google’s search engine for the company’s reviews and reputation.
You should also be wary of any credit repair company that asks for your personal and financial details without explaining why they need them or how they will use them, asks for upfront fees or ongoing fees without providing a written contract or a clear breakdown of the services and costs, promises to remove negative items from your credit report that are accurate, current, or not disputed, promises to improve your credit score by a large amount in a short time, guarantees results without providing any evidence or guaranteeing a refund, or uses pressure tactics, false claims, or misleading statements to persuade you to sign up or pay.
Conclusion:
Creditglory.com.au is not a legitimate credit repair company. It is not authorized by the ASIC and may be a scam. It does not provide any information about who they are, what they do, how they do it, or what they charge. It does not have any reviews, trust badges, or customer service. It may harm your credit score, your privacy, and your finances. You should avoid creditglory.com.au and report it to the ASIC and the ACCC. You should also check the credentials of any credit repair company before you hire them or give them your information.
