Defaults and serious credit infringements If you don’t pay overdue charges, your provider may report this to a credit reporting body – one of the organisations that stores credit information about individuals and businesses. Providers can report a default when…
What is a Judgment? A Creditor has taken legal action against you because they claim you owe them money. The court has now ordered that you owe them money. This is called a JUDGMENT DEBT and is payable immediately. What…
