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NSW Does Debt from Open Colleges Affect My Credit Rating?

Discussion in 'Debt and Bankruptcy Law Forum' started by Noeljohn250, 1 June 2015.

  1. Noeljohn250

    Noeljohn250 Member

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    I have an outstanding debt of $1500 (original price was over 5k) from Open Colleges for a course I wanted to do, but never started. I lost my job and was unable to pay the remainder

    I have been getting letters and emails every 3/4 weeks for last 3 months saying that if I don't pay the full amount immediately I will be going to court and my credit rating will be affected.

    Can a private debt like this really affect my credit rating?
     
  2. Flatout

    Flatout Active Member

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    Yes.
     
    Noeljohn250 likes this.
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