NSW Does Debt from Open Colleges Affect My Credit Rating?

Get Instant Legal Answers - Free AI Legal Help
Join thousands of Australians each month using LawConnect’s AI assistant for fast, personalised legal information. No waiting. No cost. Start now.
Ask Your Question Now

Noeljohn250

Member
1 June 2015
1
0
1
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?