The Power of Default Registration
Taking defaulters through the court process is adversarial, costly and provides no guarantee of success. Our approach is different; we register defaults with Experian and other Credit Agencies.
Default registration is more effective than a County Court Judgement as it seriously affects an individual's credit status; prevents the opening of a new bank account or credit card; and any existing borrowing is subject to a review. People’s credit record is being scrutinised by financial institutions more than ever before, so this is a powerful sanction. A default registration remains on a member's file for six years.
Benefits
- Default registration removes the adversarial nature and cost of a legal process.
- It provides the facility for credit searches so that letters can be made more relevant to the defaulter's circumstances.
- As a result, our letters are more relevant, they are more targeted in their demands, promoting a sense of fair-play amongst other members.
- The process avoids the build up of a hardcore of aged payment defaults with no prospect of resolution.
- The process avoids the build up of a hardcore of aged payment defaults with no prospect of resolution.Utilise our experienced, professional customer service team to handle queries, freeing up your time to develop your business
- With a six year life to the default registration, in the worst cases, we keep pursuing the debt! As a result we have a track record of securing payments even after the membership contract term has expired.







