What is a Judgment?
Credit Corp
JUNE 3, 2020
A judgment is an order issued by a court of law. When you borrow money, you are legally required to repay the debt. This includes opening a credit card account, getting a line of credit from your bank and obtaining financing for a big purchase. You can also become indebted to service providers. This can include utility companies, medical professionals, cell phone service providers and auto mechanic shops.
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