Consumers applying for credit are sometimes denied access to financing due to judgments appearing against their name, often without their knowledge.
Relief can be obtained in applying for a rescission of that judgment in the event that the consumer has settled the debt to which the judgment relates. Alternatively, if the judgment was erroneously noted against a consumer’s name or if it was granted in the consumer’s absence and the consumer has a defence to the claim, it may be possible to rescind that judgment and defend the matter.
Remember, you are entitled to at least one free credit report a year and it is a good idea to visit the webpages of a known credit bureau and ask for a copy of the details they hold relating to you.
For assistance or more advice, contact our professionals at STBB.