NO effect on your credit fileStephen had a Court Judgment to the Australian Tax Office due to a past business that was unsuccessful.
Stephen had the funds to pay the amount owed however the Judgment Listing on his credit file was causing real problems. It meant suppliers to his new business wouldn’t offer him an account and he was forced to pay on delivery.
This was making the running of his business very difficult. This Judgment Listing had lowered Stephen’s credit score to 494.
Incorporating the payment of the account, Clean Credit was able to arrange for the matter to be discontinued with the court and have the Judgment Listing removed from Stephen’s credit file.
Armed with a credit file clear of any negative listings and a credit score of 683, he was able to arrange accounts with his suppliers, which made the running of his business a lot easier.
Are you wondering why you may have a bad credit rating even after keeping your credit card balances low or staying below your credit cards spending limits?
One of the most common questions we are asked is “Can Clean Credit remove my court judgement from my credit file?” The answer to this question can undoubtedly make all the difference to your business
Judgments can stay on your file for a minimum of seven years if you don’t clear credit history. But, it doesn’t mean you cannot re-establish your credit right now to access more low-interest credits.
