Quote Originally Posted by helpwithdebt View Post
...that is after all what the Credit act states. Doesn't happen in practice though.
Why a credit listing (credit blacklist) system gained traction and what the Credit Act is structured to achieve are two very different things.

Ultimately, no-one wants to blacklist anyone - they just want to be paid the money that's due to them.

Before the NCA a credit listing was a cost effective method to "encourage" payment of an outstanding bill. Once the bill was paid, the listing was removed and everyone got on with their lives.

Under the NCA the effect of a negative credit entry is far more long lasting, and certainly doesn't disappear once the unpaid bills are paid up. So listing a person no longer "encourages" payment...

So where's the benefit to the company making the listing?