'Credit repair' agencies charging a fortune for something you can do yourself

By Nicole Pedersen-McKinnon
Updated September 30 2017 - 9:43am, first published September 13 2017 - 1:33am

Hi Nicole, I'm not sure why but I was just turned down for a car loan. I have a steady $80,000-a-year income. I don't have much in savings but have started putting away $200 a fortnight. I suspect there might be something dodgy on my credit record back from my student days. I called a credit repair service I found - please don't name them - that says they can clean up my credit file. I'd have to pay $1200 but they say I should be able to get my car after that. Is this a good idea? - Mike, Maroubra