Credit reporting accuracy supporters choose a board to front new Credit Repair Industry Association of Australasia

Top Quote New industry body for credit rating repair, The Credit Repair Industry Association of Australasia (CRIAA) has ratified its board today. End Quote
  • (1888PressRelease) May 24, 2012 - Nine board members for a new industry body designed to give both credibility and voice to the credit repair industry and those promoting credit reporting accuracy in Australia have been ratified today.

    The Credit Repair Industry Association of Australasia (CRIAA) held its second meeting today to ratify expressions of interest for board members, with 9 key players from inside and outside the credit repair industry now appointed to an interim board.

    The meeting was chaired by President of the Finance Brokers' Association of Australia (FBAA) Peter White.

    The board now includes 6 credit repair industry members, and three finance industry members, including Mr White.

    "I believe the Credit Repair Industry Association of Australasia will ensure that consumer rights are at the forefront of decisions made by the Credit Repair Industry," he says.

    The CRIAA has also been shown support from Ombudsmen, various external stakeholders and credit reporting agencies including credit reporting agency Dun & Bradstreet President, Tim Lord.

    "We are interested in the role D&B could play in regard to the Board Structure and or the Advisory Panel," Mr Lord says.

    The CRIAA is now looking to establish formal positions on the board, with one of the first tasks of this being to establish a framework for a Credit Rating Repair Code of Conduct.

    The Code of Conduct is planned to be devised to Australian Securities and Investments Commission (ASIC) guidelines to ensure members conduct themselves with high standards and ethics.

    Foundation member and now board member of the CRIAA - MyCRA Credit Rating Repairs CEO Graham Doessel has seen the need for a strong and consistent foundation for credit repair clients in an industry that has been largely unregulated and lacking formal standards.

    "The introduction of best practice standards for the credit repair industry means reputable credit rating repairers can stand above dodgy operators and set the standard for the industry. This will allow the real issue of credit reporting accuracy for consumers to be given the voice it deserves," Mr Doessel says.

    This is a viewpoint shared by new CRIAA board member, Colleen Halls from Fix Credit Australia.

    "I most wholeheartedly agree that the industry needs to be regulated and needs definitive standards set with minimum qualification requirements," Ms Halls says.

    The CRIAA also seeks to have an influence on decisions of credit reporting law moving forward - whether directly or indirectly.

    "The aim is to increase the legislative voice for those who are ultimately responsible for ensuring credit reporting accuracy. This voice belongs to consumers and the credit rating repairers who act on their behalf," Mr Doessel says.

    CRIAA Interim Board Members

    Peter White (FBAA)
    Graham Doessel (MyCRA Credit Rating Repairs)
    Colleen Halls (Fix Credit Australia)
    Alicia Candido (We Fix Credit)
    Ilias Bafas (Clean My Credit File)
    Gavin Symes (Credit Repair Australia)
    Andrew Bell (Fix Bad Credit)
    Darren Brits (Alpha Lending)
    Kevin Allen (Educated Finance)

    Please contact:
    Peter White - National President FBAA Board CRIAA
    Phone: (07) 3847 8119 president ( @ ) fbaa dot com dot au

    Graham Doessel - Founder and CEO MyCRA Board CRIAA
    Ph 07 3124 7133

    Lisa Brewster - Media Relations MyCRA Mob: 0450 554 007 media ( @ ) mycra dot com dot au

    MyCRA Credit Rating Repairs is Australia's leader in credit rating repairs. We permanently remove defaults from credit files.

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