Get ccj finance
If you think that due to the previous CCJ’s passed against you in the county court will stop you from availing loans in the future, you are wrong. A county court judgment is a petition filed against you by your creditors for the recovery of their loan. This CCJ’s lead to degradation of your credit score, thus making it difficult for you to avail loans for easily. But still there is hope. The UK lenders have always helped the needy and hence they offer ccj finance loans too.
These ccj finance loans can also be used for debt consolidation and remortgage of previous debts. Generally the interest rates associated with these loans are high as the lender feels a risk to give their money to a bad creditor. But as many lenders are offering such loans now days, you can easily negotiate to find a reasonably cheap loan. To help you further loans CCJ’s defaults are also available online. Hence your precious time and money is saved and you can find an optimal offer and loan quickly.
Your CCJ will appear on your credit file for 6 years (if it takes you more than 6 years to repay the CCJ, the creditor will re-register it with the credit reference agencies). However, your credit rating will already be affected by the fact you have not paid the contractual payments, which has resulted in you receiving a CCJ. If you manage to clear the CCJ within 6 years you can write to the credit reference agencies enclosing a “letter of satisfaction” from the issuing County Court to have the entry marked as “satisfied” on your credit file.
