CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Consumer debt judgments at highest level since financial crisis
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Consumer debt judgments at highest level since financial crisis PDF Print E-mail
Thursday, 10 March 2016

Consumer debt judgments reached a post-crisis peak in 2015 according to figures released today by Registry Trust.

Registry Trust is the non-profit organisation which collects judgment information from jurisdictions across the British Isles and Ireland. In England and Wales, it operates the Register of Judgments, Orders and Fines on behalf of the Ministry of Justice. A judgment is incontrovertible proof of unmanaged debt.

There were 734,205 County Court Judgements (CCJs) against consumers in England and Wales during 2015, four per cent higher than 2014 and the highest for any year since the 830,675 judgments in 2008.

The sharp rise in the number of CCJs was accompanied by a fall in the average value: down 12 per cent to £2,030, which is a real terms decrease of 55 per cent on 2008.

The total number of judgments against consumers in the High Court fell 38 per cent to 324 in 2015, the lowest in the preceding decade. The total value was also at its lowest level in recent years, falling three per cent since 2014 to £176m. The average value increased 56 per cent to £545,916, however, but this was from an unusually low base of £349,052 in 2014.

The total value of debt judgments against consumers in all courts was £1.67bn.

“The increased number of judgments will help banks and others to lend more accurately,” said chairman of Registry Trust Malcolm Hurlston CBE. “Taking together the fall in average value and increase in numbers we have a picture of responsible behaviour. Judgment information is the single most important element in most lending.”

In 2015 Registry Trust received 160,835 requests to search the register for England and Wales, the bulk of which were made online at TrustOnline allows anyone to search for judgments and similar information registered against consumers and businesses in any jurisdiction across the British Isles and Ireland. “It is a unique benefit for consumers to be able to check the debt record of any person or business with which they may be transacting,” said Mr Hurlston. “Negative information should at least give pause for thought.”
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197