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.


Don’t 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 property’s value (the Loan-to-Value ratio) is 125%. This can be anything from £10,000 to £250,000 depending on personal circumstances, including:


• Joint income

• Property value

• Previous credit-worthiness

• Period of mortgage payments

• Employment history

• Repayment terms range from 3 to 30 years with a rate of interest set according to the circumstances of each individual borrower.




Andrea Fletcher is an MBA with a Master's in Finance. She has an expertise in writing on topics related to finance. Here she shares her views on CCJs loans, unsecured loans with CCJ’S , loans for people with CCJs, secured loans CCJs, CCJs cash loans , CCJs loans.For more information log on http://www.ccjsloans.org.uk