A judgment is handed down by a court (either a Magistrates Court or High Court, or potentially from an official in another forum authorised to do so) for a civil claim. The credit bureaus collect the judgement court orders from the courts.
Judgement Date – the date judgement was handed down in the court. Judgements are displayed on an individual’s credit profile for a maximum of five years, and will be removed when the debt in question has been fully paid up. Although the judgement is only displayed on the credit bureau for 5 years, the judgement is valid for 30 years (i.e. prescription of debt in terms of a judgment is 30 years).
Click here to view the Judgement Code Descriptions.