County Court Judgment
UK Credit Repair - County Court Judgment Guide
County Court Judgment in the UK
If you simply decide not to pay your loans, then unpaid loans will quickly show on your credit report, and county court judgments complete with bailiffs will follow soon after. In preparing the county court summons the lender may apply for a county court judgment in the amount of the entire loan including all interest that would be payable under the original credit agreement. Where contractual interest is claimed by the lender, this will lead you to have an additional amount payable even after you have paid off the judgment and it is marked as satisfied.
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