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Payment Default

Payment Default

Through our direct on-line service with Equifax, one of Australia’s largest credit reporting bureaus, we can lodge a payment default on a company or business credit file on your behalf. This default will be recorded on the business and Director’s / Proprietor’s credit files and has a life span of five years.

We always speak with a debtor to let them know that this is the next step in the collection process. At this stage, we often find that debtors who haven’t paid will do so, or they enter into a payment arrangement if this is acceptable with all parties. 

To read more about how we can assist you with our debt collection services, click here.

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