View and register defaults against non paying businesses
A default will often prompt a customer to settle their debt with you as it will be visible on their credit file for up to five years and can affect their credit rating. Defaults can be updated or settled when a customer pays their outstanding debts.
All CreditorWatch users can register defaults, there are no additional fees.
Register a default against older debts that you have written off in the past. There’s a good chance the customer will get knocked back for an account elsewhere and they’ll likely come back to you and settle their debt.