24 August 2009
To get to know about CCJs loan UK, first you need to understand what CCJ is? CCJs stands for county court judgement. It is the part of bad credit ratings. Removing the tag of CCJ from your credit status is quite a difficult process but you can avail CCJs loan UK for your benefit. This loan service is a better way to rescue from your unbearable debts while having CCJs in your credit history.
This is a loan meant for the borrowers even if they have bad or poor credit, CCJ’s or mortgage arrears. You can still qualify for this through the many different brokers and institutions on the high streets and internet. However, availing through online mode can be most preferable option for you. There are many online lenders that give you a good deal. Applying for CCJs loans is not as hard as many people have myths about it. It is free from the lengthy and hassle procedure of faxing and endless paper works.
This loan scheme has been issued to solve the problems like personal injury, debt repayment and breaching of contracts which involves some property or goods. You can get escaped from the tag of a bad credit and mend it to good by timely repaying the loan money back to the lender.
You can avail CCJs loan UK in two forms, secured and unsecured. People who are capable of pledging collateral as a security and need larger amount can avail secured form of loan. The collateral may include your vehicle, real estate or any residential property. Unsecured option is suitable to tenants and non homeowners who are incapable to pledge any security. With unsecured form you can avail the loan amount from £1000 to £25000 for the time period of 1 to 10 years.
You can get the guidance from the lender at each step. You can easily pay off your debts or utilize the loan amount for any personal purpose too without any intervention by the lender.
With the use of online medium and with the thorough online research, you will land up with the better deal with affordable rates.
Summary
CCJs loans UK can be the suitable option for the people suffering from CCJs in their bad credit ratings. Now getting a financial help from the market is not tough holding a CCJ in your account. All types of applicants are welcome who are experiencing previous financial problems such as CCJ.
You Borrow £1000 You Pay £1240 Representative APR 1223.6% (Variable)
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk