Are you currently facing a tough scenario due to CCJ in the past? Do you want to come out from this blot? At SafeMoneyLoan, we have forwarded a helping hand to those having poor credit past or the issue of CCJ but are willing to pursue loans in the future. If you are earning a stable monthly income and your credit score is on the verge of improving, you can qualify for our bad credit CCJ loans to obtain up to £5000 and get funding within 15 minutes of loan approval.
What is a CCJ Loan?
CCJ loans are a financial product you generally apply when County Court Judgement (CCJ) has been issued against your name. The judgement is usually issued when you have not paid your credit card bills or loan repayments for longer. In such circumstances, the creditor takes your name into court, and then the judgement is issued against you.
The lenders do so because they want their money back when all general attempts like emails, letters and calls have failed.
Your financial record will have the mentioning of CCJ for 6 years. The lender can only satisfy you if you pay all the pending debts. Otherwise, your report will have the indication of ‘unsatisfied’ until the debt remains.
Several lending institutions take precautions before offering financial assistance to such individuals. However, here, we analyse the situation behind your CCJ and believe that circumstances do change. If you now have the capacity to satisfy your CCJ and can end in the coming days, we do offer you personalised deals on CCJ bad credit loans, which you have been looking for.
Why A CCJ is not good for Your Credit Score?
Plenty of problems can arise if you lose your grip on your finances. County Court Judgement is indeed one of them. You have to find out some solutions to get rid of ASAP. Loans for CCJ and bad credit are undoubtedly your only solution. Still, you have to face some issues until ending the judgement.
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| How SafeMoneyLoan Helps? |
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Why Should I Apply For Payday Loans for CCJ?
Removing the blot of CCJ is the primary reason for the loan. Still, reasons are plenty that allure attention and the necessity to go for a payday loan for CCJs and bad credit individuals. You will explore following the BENEFITS of CCJ loans with us:-
- Credit Score is not the Sole Criteria
When you approach us not only for these loans but for any other loan, you will get one thing, i.e. credit score is not the only condition for loan approval. Yes, we are specialists in income-based loans; thus, only affordable deals are approved irrespective of individual credit history. - No extra fees for applying
We follow a transparent lending policy that does not charge any upfront cost or surprising fees. You know that loans for CCJs usually have higher interest rates, and thus, we do not add a burden to your finances. - Sufficient loan amount limit to avail
With us, you have a good amount to borrow despite having CCJ against your name. You can borrow between £1000 and £5000, but the final amount will be according to your repayment capacity. - A manageable loan repayment term
Besides the loan amount, the term is also relatively easier than mainstream lenders. You can repay the loan from 12 months to 36 months, depending upon the strength of your monthly income. You can repay either weekly or monthly payments. - An Instant Loan Approval
We do not take too much time to bring the loan approval. As soon as we receive your loan request, we will actively work on it and send a loan quote to your mail id. You can confirm it and get the approval straightway.
Do Bad Credit CCJ Loans Costly than Standard Loans?
Small loans usually have higher interest rates than long-term loans. If those are associated with those poor credit issues or CCJ, then the rates will surely be more than what you get in any other standard loan options.
Anyone applying for a personal loan with CCJ will have to agree to high-interest rates. Our company does not keep a fixed interest policy. Instead, our rates are FLEXIBLE and AFFORDABLE at the same time. We first analyse your monthly income and repayment capacity and then finalise the rates that suit you.
We pursue the same approach to our loans for bad credit, and CCJ is not going to bother us anymore.
| Loan Interest Rates | Minimum 12.99% (depends upon one’s affordability and recent financial commitments) |
| Early Repayment Charges | No charges after 6 successful repayments |
| Late Repayment Charges | £11 |
| Upfront charges | Nil |
Can I Use CCJ Loan to Improve My Credit Rating?
One of the most significant advantages of having CCJ loans from a direct lender is improving your credit score. Generally, you can enhance your credit rating with any lending if you make all payments on time and complete them as per the schedule.
Since loan with ccjs bad credit is specialised ones, you will have an assured chance of improving your credit score. It becomes possible through these ways:-
- Ideal loans to consolidate debts: You get a lump sum amount from us that you can utilise to merge all your debts quickly and remove them. It will have a good impact on your credit record.
- Flexible Repayments: You get the flexible repayment modes here, such as weekly and monthly. You can choose any of these two depending on your income.
- Keep Collateral: You can secure the borrowing amount with an asset of equal value. It will also help you to keep down the rates and repay the loan on time.
Can I Get a CCJ Loan with No Guarantor?
You always have the chance of getting CCJ loans with no guarantor from direct lender. We do not make things mandatory for the applicants as sometimes it becomes difficult to fulfil them. Despite having a CCJ against your name, you are well eligible to access these loans for ccj no guarantor on the following conditions:-
- You must be working somewhere either full-time or part-time;
- You should be earning a stable monthly income that can afford the loan;
- Your credit score must be improving, especially in recent times;
- You are paying all the payments on time and showing sincerity.
Backing up with a guarantor is always helpful to get any sort of loan. Both the borrower and the lender can feel relaxed as the former can repay the loan on time with the help of the guarantor if he defaults and later will have the loan paid back with no hassle.
With us, you can have that guarantee of scheduled payments with your monthly income. Having a judgement against your name may not have the trust factor. It is why you need to go for income-based loans for CCJs and bad credit from direct lenders where no guarantor is required too.
How Can I Apply for CCJ Loan from a Direct Lender?
Our company directly offers personal loans for CCJ, and thus you do not need to worry about how to apply for loans. Our experts will help you during the application from start to finish so that you do not make any errors.
We do soft credit checks that will not leave any search footprint on your credit profile. However, you should have an active bank account which we need for online bank transfers. We keep safe your personal details and show complete transparency.
Our application takes only a few minutes to complete as there is a single-page form and basic details are needed to fill up. You can complete the application using a desktop, laptop, smartphone or tablet.
- Decide the loan term and amount, and then click on to ‘Apply Now’
- Fill the form with mandatory personal details and submit it
- Our representatives quickly analyse your details and perform a quick as well as an affordable credit check
- You will receive an instant loan quote and confirm it
- Your loan is approved, and within a few minutes, you receive the loan amount in your bank account
You cannot ignore us with a 97.2% Acceptance Rate on Bad Credit CCJ Loans at SafeMoneyLoan.
FAQs - CCJ Loans
Can people with CCJ get a loan?
Literally, it is very hard to get a loan when you have County Court Judgement. Our company does offer a loan but only on an affordable amount. Besides, you will have to show your sincerity in making all recent payments on time.
Can I get an unsecured loan with a CCJ?
You can apply for a CCJ loan with no assets to secure only if you are earning a good and stable monthly income. The interest rates will be higher, but you can calm it down by presenting a guarantor.
Can Single Parents apply for CCJ bad credit loans?
Yes, they can apply, but their monthly income should be stable and affordable to repay the loan. We may require reasons from them why they have that judgement. Based on it, we will analyse their loan approval chances.
What happens when you get a CCJ?
When you have CCJ against your name, you lose all the funding opportunities to survive in tough financial situations. You may not get suitable employment, and sometimes, landlords are not interested in giving their homes for rent to those with very poor credit, CCJ loans, or bankruptcy charges.
What are the prerequisites of CCJ loans with no guarantor from a direct lender?
Following are the requirements that you need to fulfil to avail these loans:
- You must be earning either part-time or full-time income
- You make sure that the loan amount is within reach of your affordability
How much does a CCJ affect your credit rating?
It does affect a lot, and your score drops significantly. You will have to work on the issue as early as possible by applying for a CCJ loan and removing all the debts.
If my credit score is affected by CCJ, can I apply for a payday loan with CCJ?
Yes, you can apply for payday loans because these are small loans and accessible on the affordable norms. Since these loans involve the least monthly instalments due to lower borrowing amounts, you have a better chance of repaying the loan on time and improving your credit score.
Can you remove CCJ immediately?
Removing CCJ instantly may not be possible because you need constant efforts, not only one or two. The best way to do that is to apply for CCJ loans for at least one year. Pay all monthly instalments on time and remove CCJ gradually.