CCJ’s and defaults are something that we hope will never happen to us, but if our financial circumstances take a turn for the worst, it pays to know what to expect. Often these problems are out of your control, and are due to illness, personal loss or involuntary unemployment. Although these problems can hit you hard, there is a way out of them, and you can still secure the credit that you need.
Dont let a CCJ (County Court Judgment) prevent you from getting the loan you need. You can avail loans CCJs defaults to satiate your monetary needs.
When a prospective borrower has a credit record that discloses a default on the repayment of a previous debt or loan, they are said to have a bad credit rating. However, this does not necessarily mean that the borrower is a bad payer. It may mean that the bill or debt in question is the subject of a genuine dispute.
If you are over 18 and a UK homeowner, you can apply for loans CCJs default. With your home as security, banks are more inclined to lend larger sums at lower interest rates than with unsecured loans.
The most you can borrow expressed as a percentage of the propertys value (the Loan-to-Value ratio) is 125%. This can be anything from £10,000 to £250,000 depending on personal circumstances, including:
Summary
With loans CCJs defaults, borrowers with a bad credit score now have an opportunity to fulfill their financial needs. These loans also help the borrower to retain their financial freedom from getting worse. Applying for a CCJs and Default loan is quick and simple. Just complete an Online Loan Application Form to discover how much you could borrow.
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