Wefixcredit.com.au Review

Based on looking at the website wefixcredit.com.au, it’s clear this service primarily focuses on credit repair and debt negotiation. While the site presents itself professionally and boasts “15 Years Unmatched Experience” in the Australian market, it’s crucial to understand the implications of such services, especially concerning Islamic ethical principles. Dealing with conventional credit systems often involves interest (riba), which is strictly prohibited in Islam. Therefore, any service that facilitates or encourages involvement in interest-based transactions, even if it aims to resolve existing debt, warrants careful consideration.

Here’s an overall review summary:

• Service Type: Credit Repair, Debt Negotiation, Identity Theft Resolution.
• Target Audience: Australians with adverse credit listings (defaults, judgments, low scores, etc.).
• Stated Experience: Established in 2008, claiming 15 years of operation.
• Key Selling Point: Locally based staff, direct communication with case managers, focus on removing negative credit listings.
• Islamic Ethical Consideration: The core business of credit repair and debt negotiation, within a conventional financial system, often involves interest-based credit. This is a significant concern from an Islamic perspective, as facilitating or rectifying issues stemming from riba-based contracts is generally not permissible. The service aims to improve eligibility for conventional loans, which are fundamentally interest-based.
• Website Transparency: The website provides details about services, FAQs, and testimonials. However, specific pricing information is not immediately visible, requiring an enquiry.

While We Fix Credit aims to help individuals overcome financial hurdles by improving their credit scores and negotiating debts, it operates within a conventional financial framework that is largely incompatible with Islamic principles. The very nature of “credit repair” in this context is often about restoring access to interest-bearing loans and financial products. For a Muslim, the focus should always be on avoiding riba entirely and seeking halal alternatives for financial management and difficulty resolution. Engaging with services that normalise or facilitate involvement in riba, even indirectly, can be problematic.

Best Alternatives for Ethical Financial Management (Non-Riba Based):

For those seeking to manage financial difficulties and improve their financial standing in an ethically sound manner, focusing on debt prevention, responsible savings, and halal financing is key. Here are some alternatives that align with Islamic principles:

0.0 0.0 out of 5 stars (based on 0 reviews) Excellent0% Very good0% Average0% Poor0% Terrible0% There are no reviews yet. Be the first one to write one. Your review Your overall rating Select a Rating5 Stars4 Stars3 Stars2 Stars1 Star Title of your review Your review Your name Your email This review is based on my own experience and is my genuine opinion. ​ Submit Review

Amazon.com: Check Amazon for Wefixcredit.com.au Review Latest Discussions & Reviews:

1. Financial Literacy Resources:

   

   • Key Features: Books, online courses, and workshops focusing on budgeting, saving, debt management (halal methods), and investment principles.
   • Average Price: Varies (free online resources to paid courses, books typically $20-$50).
   • Pros: Empowers individuals with knowledge to manage their finances responsibly; avoids reliance on interest-based systems; promotes self-sufficiency.
   • Cons: Requires self-discipline and proactive learning; results are not immediate.

2. Halal Financial Planning Services:

   • Key Features: Professional advisors specialising in Sharia-compliant financial planning, investment, and wealth management. They help structure finances to avoid riba and adhere to Islamic principles.
   • Price: Typically fee-based, varying by service and complexity.
   • Pros: Expert guidance tailored to Islamic ethical requirements; helps build long-term financial stability without compromising faith.
   • Cons: Can be more expensive than DIY approaches; availability may be limited in some regions.

3. Debt Counselling & Management Agencies (Non-Profit Focus):

   • Key Features: Non-profit organisations offering free or low-cost debt counselling, budgeting advice, and negotiation assistance. Crucially, they should be vetted to ensure their methods do not involve new interest-bearing arrangements.
   • Price: Often free or low-cost.
   • Pros: Provides impartial advice and support for managing existing debt; can help create realistic payment plans.
   • Cons: May still operate within the conventional financial system, requiring careful discernment to ensure no new riba is incurred; not all services are Sharia-compliant.

4. Community Support & Zakat Organisations:

   • Key Features: Local Islamic charities and community groups that provide financial assistance to those in genuine hardship, often from Zakat funds. This is a direct, ethical way to alleviate debt.
   • Price: Free (based on eligibility and available funds).
   • Pros: Direct, charitable support that aligns perfectly with Islamic principles; no interest involved.
   • Cons: Primarily for those in severe need; not a long-term solution for systemic financial mismanagement.

5. Islamic Microfinance Institutions:

   • Key Features: While less common in Australia, some global models (like Grameen Bank, which has inspired ethical finance) provide small, interest-free loans or financing based on ethical trade principles to help individuals start businesses or manage small-scale needs.
   • Price: No interest; fees may apply for administrative costs.
   • Pros: Promotes economic empowerment through ethical means; directly combats riba.
   • Cons: Limited availability and scope in Australia; often focused on entrepreneurial endeavours.

6. Credit Reporting Agencies (Direct Access):

   • Key Features: Websites like Equifax, Illion, and Experian allow individuals to access their credit reports for free once a year. This enables direct monitoring of one’s credit health without third-party intervention.
   • Price: Free annually, or subscription for more frequent access.
   • Pros: Empowers individuals to monitor their own data; allows for direct dispute resolution of errors.
   • Cons: Doesn’t provide “credit repair” services; requires understanding of how to interpret reports and dispute inaccuracies.

7. Personal Budgeting Software & Apps:

   • Key Features: Tools like Pocketbook, YNAB (You Need A Budget), or even simple spreadsheets that help track income and expenses, set financial goals, and manage cash flow.
   • Price: Many free options; premium versions can be $5-$15/month.
   • Pros: Provides clear oversight of finances; helps identify spending patterns and areas for improvement; promotes responsible financial habits.
   • Cons: Requires consistent input and discipline to be effective; doesn’t solve existing debt issues directly.

Remember, the goal is to build financial resilience through permissible means, avoiding any entanglement with riba or practices that compromise one’s ethical standing.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

[ratemypost]

We Fix Credit: A Deep Dive into a Conventional Credit Repair Service

Based on a thorough review of its website, wefixcredit.com.au positions itself as a significant player in Australia’s credit repair and debt negotiation landscape. Established in 2008, the company claims “15 Years Unmatched Experience” in helping Australians navigate the complexities of their credit files. While their offerings appear comprehensive for those seeking to “fix” their credit, it’s vital to dissect their services through an ethical lens, particularly concerning the foundational principles of Islamic finance.

We Fix Credit Review & First Look

Upon visiting wefixcredit.com.au, the first impression is one of professionalism and clear messaging. The site immediately highlights its core services: credit repair, debt negotiation, and advocacy. It directly addresses common pain points for individuals facing loan application refusals, such as unpaid overdue payments, court judgments, and identity theft. The emphasis on “local staff in Australia” and direct communication with “qualified person that will be managing your case from the beginning to the end” aims to build trust and assure clients of a personalised service. However, for those adhering to Islamic financial principles, the very concept of “credit repair” within a conventional interest-based system raises a red flag. The website’s focus on “Loans Approved” and “Lower interest rates” as benefits inherently ties into the conventional banking system which operates on riba.

• Website Layout and Navigation: The site is well-structured with clear menus for “HOME,” “ABOUT US,” “SERVICES,” “FAQ,” “NEWS,” and “CONTACT US.” The “ENQUIRE NOW” button is prominently displayed.
• Initial Trust Indicators:
  • Claims of 15 years in business (since 2008).
  • Emphasis on Australian-based, local staff.
  • Numerous positive testimonials from Google and Facebook reviews.
  • Links to external credit reporting bureaus (Equifax, Illion, Experian) for users to check their own reports.
• Missing Information: The website does not openly display pricing structures for its services. This omission means potential clients cannot immediately assess the cost-effectiveness or financial implications of engaging their services without a direct enquiry. Transparency in pricing is a hallmark of ethical business practice.

We Fix Credit Operations and Ethical Implications

We Fix Credit’s operational model revolves around identifying and disputing negative listings on credit files. They offer a range of services designed to improve an individual’s creditworthiness within the Australian financial system. From an ethical standpoint, particularly in Islam, the underlying issue isn’t necessarily the act of rectifying errors, but the purpose for which credit is “fixed” – often to re-engage with interest-based loans and financial products.

Addressing Adverse Credit Listings

The service directly targets common adverse credit listings:

• Credit Defaults: These typically remain on a credit file for five years. We Fix Credit claims to remove them through “investigation techniques into procedural unfairness, mediation and negotiation.” While removing erroneous or unfairly listed defaults could be seen as rectifying an injustice, if the original default arose from an interest-based loan, facilitating re-engagement with such a system remains ethically questionable.
• Court Judgements and Writs: Similar to defaults, these stay on a file for five years. The company asserts it can remove these entirely, boosting a client’s “credit report and allow you to more likely be approved of finance.” Again, the end goal points towards accessing conventional finance.
• Late Repayment History Indicators (RHI): These show whether minimum payments on credit cards and other loans were made on time. RHI remains for 24 months. While managing one’s financial conduct is important, the context of these “loans” being interest-based cannot be overlooked.

Debt Negotiation Services

We Fix Credit also offers “Debt Negotiation,” aiming to reduce or wipe out debts. This service can potentially save clients “stacks of money” and help them become “debt free in NO time at all without any complicated formal debt agreements.” While reducing or eliminating debt sounds beneficial, if these debts are interest-laden, negotiating them still deals with the remnants of a prohibited transaction. The most ethical approach to debt in Islam is prompt repayment and avoiding it in the first place, or seeking interest-free alternatives if unavoidable. Familylawyersperthwa.com.au Review

Identity Theft and Credit Score Improvement

The website also addresses identity theft and general credit score improvement. Identity theft resolution involves rectifying fraudulent entries, which aligns with rectifying injustice. Improving a “low credit score” is presented as a means to avoid “auto-decline for no good reason” for loans. The emphasis on preparing clients for “Loans Approved” and “Lower interest rates” consistently circles back to conventional finance.

We Fix Credit Cons & Ethical Considerations

While We Fix Credit appears to offer a professionally managed service, for those guided by Islamic financial ethics, several key drawbacks and considerations arise:

• Reliance on Riba-based Finance: The fundamental objective of credit repair in this context is to improve an individual’s ability to access conventional, interest-based loans (personal loans, home loans, credit cards). This is a direct conflict with the prohibition of riba in Islam. Even if the service itself doesn’t charge interest, it facilitates involvement in a system built on it.
• Lack of Pricing Transparency: The absence of clear, upfront pricing information on the website is a significant drawback. Potential clients must “enquire” to get a quote, which can be a barrier and potentially lead to pressure sales tactics, even if the website claims to avoid them. Ethical businesses typically provide transparent pricing where possible.
• Focus on Symptom, Not Cause: While We Fix Credit addresses the symptoms of poor credit (defaults, judgments), it doesn’t inherently address the root causes of financial mismanagement or over-reliance on credit. For Muslims, the focus should be on building financial resilience through sound Islamic principles like avoiding debt, saving, and investing ethically.
• Potential for High Fees: Without publicly available pricing, there’s a risk that the fees charged for “credit repair” could be substantial, potentially adding another financial burden to individuals already in difficulty.
• Limited Scope for Halal Solutions: The service operates entirely within the conventional financial framework. It doesn’t offer or promote Sharia-compliant alternatives for financing, debt management, or investment, which would be crucial for a Muslim seeking ethical solutions.

We Fix Credit Alternatives

Given the ethical concerns surrounding services that facilitate engagement with interest-based finance, it’s imperative to explore alternatives that align with Islamic principles. The goal isn’t just to “fix” a credit file but to foster true financial well-being based on permissible practices.

1. Halal Finance & Investment Advisors: Instead of fixing past interest-based mistakes to get more interest-based loans, seek professional guidance on building a financial future free from riba. These advisors can help with ethical investments, Sharia-compliant home financing (like diminishing Musharakah), and personal financial planning that respects Islamic law. They provide long-term, sustainable solutions.
2. Community & Zakat Funds: For genuine hardship and unavoidable debt, seeking assistance from Zakat funds or community-based interest-free loan initiatives can be a lifeline. These are designed to provide relief without adding to the burden of riba.
3. Free Financial Counselling Services: Government-backed or non-profit organisations like those supported by the National Debt Helpline in Australia offer free and impartial financial counselling. They can help you understand your options, create a budget, and negotiate with creditors. It’s crucial to specify you are seeking interest-free solutions and avoid any offers of new interest-based debt consolidation.
4. Self-Education in Personal Finance: Empower yourself with knowledge. Books, online courses, and reputable websites on personal finance (ensuring they promote ethical, non-interest-based strategies) can teach you how to manage money, budget effectively, and stay out of debt in the first place. Understanding your credit report directly from agencies like Equifax, Illion, and Experian is also crucial.
5. Budgeting & Expense Tracking Apps: Tools like YNAB (You Need A Budget), Pocketbook, or even simple spreadsheet templates help you track every dollar, understand where your money goes, and ensure you live within your means. This proactive approach prevents financial distress.
6. Ethical Investing Platforms: Instead of focusing on debt, shift to building wealth ethically. Look for investment platforms that screen for Sharia compliance, avoiding industries like alcohol, gambling, conventional finance, and entertainment. This allows for wealth creation that aligns with your values.
7. Legal Aid for Unjust Defaults: If you genuinely believe a default or judgment on your credit file is incorrect or unjust due to procedural errors, you can seek independent legal advice or assistance from legal aid services. This focuses on rectifying a wrong without necessarily re-engaging with the problematic financial system.

The best “credit fix” for a Muslim is always proactive financial management, adherence to ethical principles, and avoiding situations that lead to interest-based debt.

Nhw.com.au Review

How to Monitor Your Credit Health Ethically

Understanding your credit report and score is a crucial aspect of responsible financial management, regardless of your approach to credit. Even if you choose to avoid conventional loans, being aware of what information is held about you by credit reporting bodies can help prevent issues arising from identity theft or incorrect entries.

Accessing Your Credit Report

In Australia, you have a legal right to request a free copy of your credit report from each of the major credit reporting bodies (CRBs) once every 12 months, or if you’ve been refused credit in the last 90 days. This allows you to review your personal information, credit accounts, repayment history, and any defaults or judgments.

• Equifax: As one of the largest CRBs in Australia, Equifax provides comprehensive credit reports. You can request a free copy directly from their website: www.equifax.com.au
• Illion (formerly Dun & Bradstreet): Another major player, Illion also offers free access to your credit file. Check their portal here: www.illion.com.au
• Experian: Globally recognised, Experian also maintains credit files for Australians. You can obtain your report from their local site: www.experian.com.au

What to Look For

When reviewing your credit report, focus on:

• Accuracy of Personal Information: Ensure your name, address, and date of birth are correct.
• Accounts Listed: Verify that all listed accounts belong to you and are accurate in terms of balances and payment statuses.
• Repayment History: Check for any inaccuracies in payment history, especially regarding late payments or defaults.
• Credit Enquiries: Be aware of who has accessed your credit file. Too many enquiries in a short period can sometimes indicate higher risk to lenders.
• Defaults and Judgments: Confirm the details of any defaults, court judgments, or bankruptcies. If you identify an error, dispute it directly with the CRB.

Disputing Inaccuracies

If you find errors or believe certain listings are unfair, you have the right to dispute them with the relevant CRB. This process involves:

• Gathering Evidence: Collect any documents that support your claim (e.g., proof of payment, correspondence with creditors, police reports for identity theft).
• Contacting the CRB: Submit a dispute form or written request to the credit reporting body, clearly stating the error and providing your evidence.
• Creditor Investigation: The CRB will typically contact the creditor who supplied the information to investigate your claim.
• Resolution: The CRB must investigate and usually resolve your dispute within a certain timeframe (e.g., 30 days). If the information is found to be incorrect, it must be updated or removed.

This direct approach allows you to maintain control over your financial information and rectify any legitimate errors without necessarily engaging with services that might lead you back into interest-based financing. Draytonmedical.com.au Review

Understanding We Fix Credit’s Business Model

Wefixcredit.com.au operates on a model typical of credit repair agencies, aiming to intervene on behalf of individuals to challenge negative credit file entries. Their approach leverages legal and procedural avenues to dispute information with credit reporting bodies and creditors.

The Dispute Process

The core of We Fix Credit’s service involves:

• Assessment: Clients typically undergo an initial “no obligation credit health check” to assess their credit file and identify problematic listings.
• Investigation: The company investigates the legitimacy and procedural fairness of negative listings. This might involve scrutinising the original credit provider’s actions, ensuring they followed all relevant regulations (like the Privacy Act, National Consumer Credit Protection Act).
• Advocacy and Negotiation: They act as an advocate, corresponding with creditors and credit reporting bodies to dispute inaccurate or unfairly recorded information. This can involve mediation or formal negotiation.
• Debt Negotiation (Separate Service): For outstanding debts, they engage in negotiations with creditors to reduce the principal amount or settle terms, aiming for a “hassle free and results driven process.” While this might sound appealing for those burdened by debt, it’s essential to remember that settling a debt, even at a reduced rate, doesn’t negate the initial involvement with interest.

Client Communication and Support

The website highlights a commitment to client communication, stating that clients will “speak directly with the qualified person that will be managing your case from the beginning to the end.” This emphasis on personalised service and local staff is a key differentiator they promote, aiming to provide “peace of mind that your privacy and the quality of service is maintained.” While good communication is always a positive, the underlying service still needs to be evaluated for its ethical compatibility.

Financial Literacy: The Ethical Alternative to Credit Repair

Rather than focusing on “fixing” credit after it’s been damaged (often due to engagement with interest-based loans), a proactive and ethically sound approach involves robust financial literacy. This empowers individuals to make informed decisions that prevent financial distress and align with Islamic principles.

Building a Strong Financial Foundation

• Budgeting: This is the cornerstone of financial health. A detailed budget allows you to track income and expenses, ensuring you spend less than you earn. Tools like simple spreadsheets or dedicated budgeting apps can be invaluable.
• Saving: Prioritise saving for emergencies, significant purchases, and long-term goals. Having a robust emergency fund (e.g., 3-6 months of living expenses) is crucial to avoid reliance on debt when unexpected costs arise.
• Debt Avoidance: The best credit is no credit, especially when it involves interest. Strive to avoid consumer debt (credit cards, personal loans) entirely. For larger necessary purchases, explore halal financing options like Murabaha or Ijara, which are based on asset ownership and lease, not interest.
• Understanding Contracts: Before entering any financial agreement, meticulously read and understand the terms and conditions. If a contract involves interest or ambiguous clauses, it should be avoided.
• Financial Goals: Set clear, realistic financial goals. Whether it’s saving for a home, education, or starting a business, having objectives provides direction and motivation.

Continuous Learning

The financial landscape is always evolving. Regularly update your knowledge on: Zootattoo.com.au Review

• Sharia-Compliant Investments: Learn about ethical investment opportunities that avoid prohibited industries and interest-bearing instruments. This could include Islamic mutual funds, ethical real estate, or Sharia-compliant equities.
• Consumer Rights: Understand your rights as a consumer in Australia, particularly regarding credit reporting, debt collection practices, and financial disputes. This knowledge empowers you to deal with issues directly and ethically.
• Halal Business Practices: If you’re an entrepreneur, learn about setting up and running a business according to Islamic principles, including fair trade, transparent dealings, and avoiding interest in financing.

By investing in financial literacy, individuals can cultivate financial resilience, avoid the pitfalls of interest-based systems, and build a future that is both financially stable and ethically sound. This long-term approach is far more beneficial than merely “repairing” a credit score to re-engage with a problematic system.

FAQ

What is wefixcredit.com.au?

Wefixcredit.com.au is an Australian-based service that offers credit repair, debt negotiation, and advocacy. Their primary goal is to help individuals remove negative listings from their credit files and improve their creditworthiness to access conventional loans.

Is We Fix Credit ethical in Islam?

Forbidden. From an Islamic perspective, the core business of “credit repair” as offered by wefixcredit.com.au is problematic because its ultimate aim is often to facilitate access to and re-engagement with interest-based loans and conventional financial products, which involve riba (interest), prohibited in Islam.

How does We Fix Credit claim to fix my credit?

We Fix Credit states they use investigation techniques, mediation, and negotiation to remove negative listings like credit defaults, court judgments, and late repayment history indicators from your credit file.

Does We Fix Credit offer a free credit report?

No, We Fix Credit does not offer a free credit report directly. However, their website provides links to the major Australian credit reporting bureaus (Equifax, Illion, Experian) where you can obtain your free annual credit report. Startworking.com.au Review

What types of negative listings can We Fix Credit help remove?

According to their website, they can assist with unpaid overdue payment listings, paid overdue payment listings, court judgments, pending court actions, serious credit infringements, fraudulent identity theft, and low credit scores due to other anomalies.

How long do credit defaults stay on my credit file in Australia?

Credit defaults generally remain on your credit file for 5 years from the date of the listing, whether paid or unpaid.

Is debt negotiation with We Fix Credit Sharia-compliant?

Forbidden. While debt negotiation can reduce the amount owed, if the original debt was interest-based, negotiating it still deals with the consequences of a riba transaction. The ideal Islamic approach is to avoid such debts entirely and seek interest-free solutions for financial distress.

What are the benefits of using We Fix Credit, according to their website?

Their website lists benefits such as loans being approved, debts being wiped or reduced, improved credit scores, and lower interest rates.

What are the ethical alternatives to credit repair for Muslims?

Ethical alternatives include seeking guidance from halal financial planners, leveraging community support and Zakat funds for genuine hardship, using free financial counselling services (ensuring no new interest is incurred), self-education in personal finance, and using budgeting software. Bookatech.com.au Review

Does We Fix Credit guarantee loan approval?

No, the website doesn’t guarantee loan approval, but states their services make it “more likely” for you to be approved of finance by enhancing your credit report.

How transparent is We Fix Credit about its pricing?

Based on the website, We Fix Credit does not display its pricing structure upfront. You need to make an enquiry to get a quote for their services.

Where is We Fix Credit located?

We Fix Credit states they employ “locally based staff in Australia” and do not use offshore call centres or application processing staff.

How quickly does We Fix Credit claim to achieve results?

The website indicates that court judgments can be removed in “as little as 2-3 weeks,” and testimonials suggest some issues were resolved quickly, but overall timelines can vary.

What kind of customer support does We Fix Credit offer?

They emphasise direct communication with a “qualified person that will be managing your case from the beginning to the end,” suggesting personalised support via phone. Burdekinwaterfestival.com.au Review

Can We Fix Credit help with identity theft?

Yes, We Fix Credit lists “Identity Theft” as one of their services, aiming to resolve issues arising from fraudulent credit file entries.

How can I monitor my credit report ethically without engaging a third party?

You can request a free copy of your credit report annually directly from major Australian credit reporting bureaus like Equifax, Illion, and Experian.

What are ‘Late Repayment History Indicators (RHI)’ and how do they affect my credit?

RHIs show whether you’ve made minimum payments on credit cards and loans on time. They stay on your report for 24 months and are crucial for new credit providers to assess your repayment behaviour.

Is there a risk of falling deeper into debt by using credit repair services?

While We Fix Credit claims to save money, without clear pricing, there’s always a risk that the fees for such services could add to an individual’s financial burden, especially if they then re-engage with more interest-based loans.

What steps should a Muslim take if they have existing interest-based debt?

A Muslim with existing interest-based debt should strive to pay it off as quickly as possible without incurring further interest, seek sincere repentance, and resolve to avoid interest-based transactions in the future. Financial counselling that focuses on debt repayment without new interest can be beneficial. Petcollars.com.au Review

Does We Fix Credit offer any services that align with Islamic finance principles?

Based on their website content, We Fix Credit primarily operates within the conventional financial system and does not appear to offer services or advice explicitly aligned with Islamic finance principles or Sharia-compliant solutions.