Myths about credit repair you should stop believing

When you have a bad credit score, it can feel like the end of the road. Maybe it was due to a few missed repayments, or a default that was listed, or you’ve gone through financial hardship – whatever the reason, it can feel like a heavy weight that follows you around. 

If you’ve been looking into credit repair, you’ve probably come across a lot of different information, but how do you distinguish between fact and fiction? At Fix My Credit, we help people get their financial future back on track and want to ensure you have everything you need. Here are some of the most common myths about credit repair.

Myth 1: “Once you’ve got bad credit, you’re stuck with it.”

Truth: Bad credit doesn’t last forever, and it doesn’t have to define your future. This is one of the most common myths we hear. Yes, a poor credit report can make things more difficult, but it is absolutely not permanent. Defaults, court judgements and even bankruptcies all have time limits and, in many cases, can be removed earlier if they were listed unfairly or in error.

At Fix My Credit, we’ve helped clients successfully remove default listings, challenge judgements, and get their credit score back on track, sometimes in just a few weeks.

If something doesn’t belong on your file, or wasn’t listed properly under Australian law, you do have the right to have it removed.

Myth 2: “Credit repair is a scam.”

Truth: Not all credit repair services are the same, and there are genuine professionals, like us, who can help.

We’ve heard about some credit repair companies that overpromise and underdeliver. But that doesn’t mean all credit repair is a scam. At Fix My Credit, we work within the law, provide honest advice, and communicate with credit reporting bodies and lenders directly on your behalf. We don’t offer quick fixes or unrealistic promises, only real solutions backed by experience and a deep understanding of Australian credit laws.

Myth 3: “You can’t remove defaults or judgements once they’re listed.”

Truth: If something was listed incorrectly, unfairly, or without following the correct legal process, it can be removed. Credit providers must follow strict rules before listing a default, including providing written notice and giving you time to catch up. If they didn’t follow those steps, or if there was a mistake, we can challenge the listing.

We’ve seen clients with defaults removed because of incorrect details, lack of notice, or even provider error.

Myth 4: “You can fix your credit yourself—why pay someone?”

Truth: You can do it yourself, but it takes lots of time, legal knowledge, and a great deal of patience. Yes, you have the right to access your credit report and dispute errors, but unless you’re comfortable navigating complex credit laws and dealing with lenders and reporting agencies, it can quickly become overwhelming.

Working with an experienced credit repair team like Fix My Credit, means you get expert advice, save time, and avoid costly mistakes. We know what to look for, what to say, and how to push for a fair result.

Myth 5: “It takes years to fix your credit.”

Truth: Every case is different, but when a default or judgement is removed, you can often see your credit score improve almost immediately. Even a single listing being deleted can make a big difference to your file.

There are other issues that take longer to resolve, especially if there are multiple listings or older defaults. 

Myth 6: “Your credit score is all that matters.”

Truth: The content of your credit report matters, not just the number. Your credit score is important, but it’s only one part of the picture. Lenders also look at your repayment history, the number of enquiries you’ve made, any defaults or court actions, and how consistent your financial behaviour is.

There should be a focus on cleaning up your whole report, not just trying to bump up a score. At Fix My Credit, we help you understand what’s on your file, how it affects you, and what can be done to improve it across the board.

Myth 7: “Credit repair is only for people who are careless with money.”

Truth: Credit issues happen to good people, often through no fault of their own. We’ve worked with clients who’ve lost jobs, experienced illness, had relationship breakdowns, financial abuse, and more. Bad credit isn’t always the result of bad choices. Sometimes, life just happens.

Fix your credit with Fix My Credit

Bad credit can feel stressful, but it doesn’t have to be forever. And you don’t have to figure it out on your own. At Fix My Credit, we take the stress out of the process. We’ll go through your credit report with you, explain what everything means, and give you a clear plan to move forward. If something shouldn’t be there, we’ll fight to have it removed. If you’re not sure what to do next, we’ll guide you.

We’re not here to sell you a dream. We’re here to give you the tools, knowledge and support to move forward—stronger and more in control of your financial future. Contact Fix My Credit team today.