At Reckless Lending, we investigate your financial agreements to see if you've been a victim of reckless lending, so you can have your debts written off.
At Reckless Lending, we’ll investigate all of your accounts, credit cards and financial agreements to determine if you have been the victim of reckless lending.
If we discover proof of reckless lending, we’ll go to the court on your behalf and have them create an order declaring the contract in question as a reckless credit agreement. In which case, we could have all or some of your financial obligations (debts) under the agreement suspended or even set aside altogether (written off).
When you apply for a loan, your credit provider is legally required to conduct an affordability assessment, to see if you can afford to pay it back in the required monthly instalments within the agreed upon term.
If you are struggling to maintain your monthly repayments, this could be a sign that your credit provider failed to do a thorough credit check before granting you credit, or that they dismissed the fact that you aren't financially equipped to pay it back, even after assessing your circumstances, yet approved you for the loan anyway.
If your finances deteriorated after taking out a loan or credit, get in touch with Reckless Lending and we could possibly have your debts written off completely!
Our mission is to investigate your financial agreements and, where we find that your credit providers are guilty of reckless lending, get you financial redress. We do this by approaching the court on your behalf and requesting that they declare the agreement in question as reckless, based on the evidence we present to them, and have part all of your financial obligations (debts) set aside (written off).
