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JUDGEMENT
The Credit Provider applies at the court (Magistrate – or High court) for a Judgement against the consumer that failed to make payment towards their debt repayment.
The Credit Provider only needs the consumer’s ID, surname and loan agreement to obtain the Judgement listing against the consumer. The consumer does not even need to be present in court for the Judgement to be granted
. A Judgement is thus a court order that compels the consumer to make regular payments as set out in the Judgement order. Matters can be set out in any court in S.A. All judgements must be paid off
(paid up letter) before they are rescinded against your name and get you creditworthy again.
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Where to meet
iY Finance Solutions320 Dr Pixley Kaseme Street Redifinet
Building 3rd floor Office 301D Durban 4001
Say Hello
Email: info@iyfinancesolution.co.zaPhone: +27 31 140 0378