difficult to obtain finance through the normal channels. Some lenders will lend to people with CCJs against them, but usually on unfavourable terms, e.g. through a very expensive payday loan. Mitigation If regular payments to the court are being made this is recorded on the credit file in addition to the record of the CCJ, and goes some way to lessen the negative credit rating impact. Once the full amount owed is repaid the CCJ is marked as 'satisfied', but remains on file. The record of a CCJ which is satisfied within one month can be removed altogether on application to the Register (and hence the CRAs). Other legislation The Reporting on Payment Practices and Performance Regulations 2017, came into force on 6 April 2017. Under the rules introduced in April 2017, all large UK companies are required to publish specific information regarding their payment policies, practices and performance — including the average time taken to pay supplier invoices — twice yearly. This information is made public in a report. From October 2017, all creditors in the UK are expected to follow the Pre-Action Protocol for Debt Claims, which sets out what a debtor is expected to do and sets out a time limit for the creditor and debtor to reach an agreement over the debt. This must be done before a court order for a County Court Judgment for the debt can be made. See also European Payment Order References English law Legal documents