Need advice re decree

mart3ndo

Hey folks, I'm needing some advice regarding what I should do here.

I have very recently (very end of January) had a decree (I'm in Scotland) registered against myself. The amount was £300-odd.

I am unemployed however do have a couple of hundred saved up. I do also have a CC with a small limit (£200) for emergencies. The balance on this is zero at the moment.

The money advice service at my local council is trying to setup a repayment agreement with the company that got the decree against me.

Should I pay off the decree? I could afford it if I use savings and use some of the CC. I understand that if I do it within 30 days the decree stays off credit file.

Or should I stick with the repayment agreement route, take the hit on credit file? How would this affect other credit agreements? (i.e. the CC)

Thanks in advance folks

Edit: I am assuming that a decree was issued. I did not attend as I was advised that I did not need to as I was not challenging whether I owed it. I did a search for myself on trustonline.org.uk but it said there was no records. (I'm guessing it does not update straight away)

bouncydog1

If you don't want to be blacklisted for credit for 6 years then get it paid. You might also want to have an overhaul of finances in general if there is anything else outstanding where this could happen.