Registering a Commercial Payment Default

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When you’ve reached the point in debt recovery of registering a payment default against a business, you can upload a commercial invoice, letter of demand, statement, final notice, statement of claim, garnishment order or solicitors letter as evidence that the payment is overdue.

 

To lodge a payment default, simply follow the steps below;

  1. Log in to your CreditorWatch account
  2. Search for the debtor using the search bar on your dashboard

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3. Navigate to the Risk Data section of the credit file and click Register a Default

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  1. Enter the required information (invoice date, due date, amount)
  2. Upload the relevant supporting documentation
  3. Click Register Default

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If the documentation provided is not satisfactory the default will not be listed and an email will be sent confirming the reason for rejection. Falsified documentation found will be reported.

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