How bad are small claims on credit?
Posted April 9th, 2009 by admin 4 Comments »
darko_d1 asked:
I lost a small claims for a little under $1300. It hasnt been paid in full because we are working out payment arrangement (this verdict was recent). I know this goes on credit as a public record but I dont know how bad of an affect it will have. I already have bad credit (about 580-ish). I live in Chicago if that matters at all.
If this helps any, it was from an individual, not a company.