28 May 2010
Qualifying for a loan generally seems impossible if you have got Country Court Judgement summons. Are you also facing the same problem? If you are then you will be pleased to know that lenders has deigned loan especially for borrowers suffering from CCJ in the form of loans with CCJs. Lenders offering this loan usually do not care about your credit status or any credit problem that you are facing. Finding cash help sufficient enough to meet your needs is very easy.
CCJs are usually results of unpaid amounts of a contractual payment you agreed to pay. This may be also due to your inability to repay debts. Applying for this loan will let you get enough money to deal with any type of cash need. Home improvement, business purpose, education, wedding, buy a car and holiday trips are some of the expenses that can be easily met by applying for this loan.
CCJs loans are available in both secured and unsecured form. As per your requirement you can apply for any form. Pledging of collateral is mandatory when you apply for the secured form. Presence of collateral makes this loan come with flexible interest rates, higher loan amount and lower interest rates. Home, car, automobile and real estate are the different types of collateral that can be pledged against the secured form of this loan.
On the other hand, there is no need of pledging any collateral against the unsecured form of loans with CCJs. Absence of collateral usually makes the interest rates higher. But since no time is wasted on property evaluation, you can expect fast approval of this loan.
Approval against the secured form of this loan ranges from £5000 and £75000 with repayment tenure of 5 to 25 years. The money approved against the unsecured form of this loan ranges between £1000 and £25000 for a term ranging from 1 year to 10 years. Timely repayment will help you get rid of from CCJ summons.
Loans with CCJs are specially meant for borrowers with unfavourable credit rating. Most lenders offer online application procedure for this loan. Applying online will help you save time and energy.
Summary
Loans with CCJs are specially designed to provide cash help for borrowers who have got a CCJ summons. This loan can be applied to take care of any expenses. As per your requirements you can either apply for the secured or the unsecured form of this loan.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