Consumers warned as judgments soar

UK consumers saw a 22 percent spike in adverse debt judgments last year, according to national statistics released today (May 4) by TrustOnline.

Over the same period the number of online searches by people checking judgment status grew by ten percent.

TrustOnline is the only online source for UK judgment information about other people and businesses.

During 2017 nearly 1.2 million judgments were registered against consumers in England, Wales, Scotland and Northern Ireland. Up almost a quarter on 2016, the number of adverse consumer debt judgments has risen in each of the past five years.

However, despite the sharp rise in the number of judgments, their total value rose only six percent to £1,780m, as a result of a 13 percent fall in the average value.

These statistics cover county court judgments registered in England & Wales; simple procedure, ordinary cause and small claims decrees registered in Scotland; and default and small claims decrees from Northern Ireland.

“The trove of information unique to our judgment files can make everyday life less hazardous for most consumers” said Malcolm Hurlston CBE for TrustOnline.

TrustOnline provides a cheap and easy way to check for the major warning sign of financial instability.”

Last year TrustOnline handled 270,772 online searches from the public for judgments in the UK; many more are expected in 2018 with more judgments to search and a mobile friendly version ready for launch. A search of all UK registers costs £10; a search in one of the following three jurisdictions: England & Wales; Scotland; or, Northern Ireland, which is likely to be enough for many people, costs £6.