If I pay off a CCJ gradually, how does it show on credit reports?

Goldie4711

I am paying off a CCJ gradually.
If I were to pay off £x per month from the original judgment, would the remaining, (adjusted) balance of the CCJ be shown on the 3 main credit reports each month?
OR....do the 3 credit reports just show the original amount as "active" and "satisfied" once the amount has been paid off in full?...and not record information such as how the CCJ has been paid off, instalment by instalment?
Thanks for your help, in advance.

Tixy

It will just show as outstanding. There is no mechanism for part payments reducing the balance to be reported on the CCJ section of your file. (That entry comes from the courts via the registry trust neither of whom will know if you are making payments or not).

If the debt is a consumer credit debt that also shows in the credit account section of your file then the balance in that section should be updated regularly.

Goldie4711

Tixy wrote: »

It will just show as outstanding. There is no mechanism for part payments reducing the balance to be reported on the CCJ section of your file. (That entry comes from the courts via the registry trust neither of whom will know if you are making payments or not).

If the debt is a consumer credit debt that also shows in the credit account section of your file then the balance in that section should be updated regularly.

Thank you so much for your quick reply and information,
Goldie.