When a borrower applies for credit, lenders generally use the records held by credit reference agencies to know how risky a borrower is. Credit cards, if handled well can be a blessing. If mis-handled, it can create problems. A County Court Judgment, CCJ, may be issued by the courts when a creditor has convinced the court that money is owed on a past due debt.
At times, even after the debt is paid off, the CCJ can remain on the credit record for up to six ...
Read more