The number of debt decrees registered against Scottish consumers rose by six percent more than in the third quarter of 2017. During Q3 2018, 5,668 debt decrees were registered against Scottish consumers.

A further one percent increase on last year’s historic Q3 high in the average value of small claims and summary cause decrees set a new record, whereas a 22 percent drop in the average value of ordinary cause decrees, to £13,102 gave the lowest Q3 figure on record. This combination caused the total value of all consumer decrees to remain approximately flat at £15,100,752.

Only 3.38 percent of decrees were marked as satisfied during Q3, far lower than the 15.75 percent of satisfied debt judgments in England and Wales, where satisfaction rates are generally higher owing to legal differences.

Registry Trust chairman Malcolm Hurlston CBE said: “Both consumers and businesses need to be more alert to having decrees marked satisfied when they have been paid. It gives an immediate boost to credit records and several thousand are currently missing out.”

Registry Trust collects decree and judgment information from jurisdictions across the British Isles and Ireland. In Scotland, it collects information on small claims, summary, ordinary cause and simple procedure sheriff’s court decrees. A decree is incontrovertible proof that debt has not been managed.

Consumer statistics

  •       Q3 2018 All consumer decrees (compared with Q3 2017)

○        Total: 5668 (up six percent)

○        Total value: £15.1m (down 0.2 percent)

○        Average value: £2,664 (down six percent)

○        Median: £1,215 (down five percent)

  •        Q3 2018 Small claims and summary cause decrees

○        Total: 5124 (up five percent)

○        Total value: £7.9m (up six percent)

○        Average value: £1,556 (up one percent)

○        Median: £1,203 (up four percent)

  •        Q3 2018 Ordinary cause decrees

○        Total number: 544 (up 20 percent)

○        Total value: £7.1m (down seven percent)

○        Average value: £13,102 (down 22 percent)

○        Median: £7,741 (down eight percent)