ccj interest

mrbearuk

If you are unlucky enough to have a ccj and you pay at least the minimum amount the court has ordered you to, can the debt company still charge interest on what you still owe? I phoned up the company and they said its because I still owe over £5000.00

kaznelson

This may help

http://www.insolvencyhelpline.co.uk/debt_factsheets/interest_charges_on_a_consumer_credit_judgment.htm#2

zzzLazyDaisy

You need to look carefully at what exactly is recorded in the judgement. It will normally provide for interest to run at county court rate until payment in full.