If you’re looking for the best rate CCJ loans, at Personal Loans Now, we can show you what’s available on the market. Fill out our simple application to see your best pre-approved rates for bad credit CCJ loans that you can spread over manageable payments. We’ll provide you with a personalised table of offers from CCJ loans direct lenders without a credit check. Apply today to find out how we can help you.
What are CCJ Loans?
CCJ loans refer to borrowing that can be provided if you currently have a County Court Judgement (CCJ) against you. Due to the effect this will have against your credit, you may have found loans for people with a CCJ are difficult to find. They can be even more difficult to be approved for. This is due to your credit status being heavily affected. This will be because of a history of missing repayments or defaulting on borrowing you have had in the past. A CCJ is served to someone if they have not been able to agree on a suitable time frame to repay arrears. They will take court action to ensure an instalment plan is met or the whole loan amount repaid. If you have a CCJ and you do need further borrowing, the good news is some lenders can help.
We acknowledge that you have bad credit and consider not only your credit score, but we look at what you can afford. If we can see you can make repayments on bad credit loans with a CCJ, you may receive approval for the loan you want.
How Can I Apply For Bad Credit CCJ Loans?
All you have to do is click apply now, and we can start to help you find CCJ loans direct lenders who are best placed to help.We will show you the best rates from 40+ lenders who may be able to help. To be eligible to apply for short term CCJ loans with most lenders, you will need to meet the following criteria:
- Are aged 18 years or over
- Are a current UK resident
- Have a UK bank account
- You receive a regular income
If you can meet these requirements, click apply now to see your own personalised table of offers in an instant. Please note, the above is a minimum requirement and does not guarantee you will be approved for bad credit CCJ loans. As all the lenders in our network practice responsible lending, the lender you choose to apply with will carry out both a credit search and affordability checks to assess your financial situation thoroughly.
Why Should I Choose Personal Loans Now for Short Term CCJ Loans?
We can provide you with many great reasons to apply today for CCJ loans through Personal Loans Now including:
- Fast Online Application – apply fully online in just 3 minutes with no waiting for paperwork to sign once approved.
- Over 40 Direct Lenders – we can show you 40+ direct lenders who can help.
- High Acceptance Rates – we are proud of our high acceptance rates, with 50,000 people helped so far and counting.
- Low APR Rates – we scan the market to find you the best rates on CCJ loans, so you don’t have to.
- Instant Approval – we can give you a decision in just 90 seconds.
- Same Day Funding – once approved, we can credit your bank account on the same day.
It’s convenient and fast to use our easy online loan service. Click apply now, and we can get to work on finding the best CCJ loans available for you.
Instant Decision Online with Loans for People with a CCJ
We work quickly to help you find the loan you need, and many of our lenders provide an instant loan decision to save you the suspense. Once you have clicked apply now, it takes just 3 minutes to fill in our online application. You will need to provide us with a few personal details, including your date of birth and employment details. Once we have this, we’ll provide you with a personalised table of offers you can see before a credit search. You’ll be able to see all available options for short term CCJ loans, along with the details of the terms. This is so that you can make an informed decision before continuing.
Once you’ve decided on the CCJ loan for you, we’ll send your application to the lender of your choice. They will perform a credit search, and if approved, they may credit your bank account on the very same day. This is as long as your application is being processed during regular working hours (9-5 PM). If it’s a fast decision or solution you need for a holiday or new car, we’ll show you the whole market.
CCJ Loans FAQs
How Much Can I Borrow with CCJ Loans?
Our network of bad credit direct lenders have different guidelines for how much applicants can borrow with poor credit. In general, the maximum you’ll be able to apply for is £7,500 if you have a CCJ on your credit file. Due to the high risk involved with a CCJ applicant, most direct lenders won’t be able to offer more than this. At Personal Loans Now, to be able to apply for amounts higher than £7,500, you’ll need to have a good credit score or a guarantor to support the loan application. If you apply for a secured loan, you may also be able to apply for a higher amount of money. As a general rule, the higher your credit score and affordability, the higher your chances of acceptance.
What Happens if I Miss any Repayments on CCJ Loans?
If you do miss repayments on loans for people with a CCJ, you’ll need to contact the lender. This is so you can resolve the arrears as quickly as possible. If you’re unable to make repayments, you risk the lender taking possible legal action to reclaim any losses. They can even request the full amount to be paid. You’ll need to carefully consider your situation and affordability before applying for CCJ loans. This is so you can ensure you won’t have a problem making the repayments on time.
Can I Get Low APR Bad Credit CCJ Loans?
We’ll help show you the best CCJ loans available to you. However, as your credit score will be low, some lenders will only be able to lend to you with higher interest. Having a good credit score will provide you with the best rates available. However, due to having a CCJ against your name, the risk of lending to you is much higher. We recommend that you check the rates of interest available, ranging anywhere between 9.9% up to 99.9%, before agreeing to any credit agreement. Some lenders may charge higher interest, as well as offering fixed and variable rates of interest. Whereas a fixed rate stays the same throughout the term of your loan, a variable rate can go up and down, and works in a similar way to a credit card.
Do I Need a Guarantor with Loans for People with a CCJ?
No, you do not require a guarantor as part of your application for credit. However, you may find having a guarantor can help you if you have a CCJ. Our guarantor loans can provide you with the money you want whilst having someone co-sign your agreement. Your guarantor will need to have a good credit score. This way, the risk to a lender is much less and you may find your chances of approval are increased, as well as the amounts available for you to borrow.
I’m in Financial Difficulty, Can CCJ Loans Help Me?
Depending on your situation, loans for people with a CCJ can be extremely useful. However, you’ll need to prove that you can afford to make repayments. If you’re in financial difficulty with a CCJ to pay, you’ll need to consider if further borrowing will help or furthre harm your situation. Our network of responsible lenders need to ensure you aren’t overextending yourself financially by taking out another loan. They will need to ensure you can afford to pay for all your regular expenses as well as further borrowing without putting you into further difficulties. We recommend you check your income and outgoings to see your disposable income before going forward with any credit application. If you need further advice, please contact a free debt advice company, such as the Money Advice Service. They can provide you with impartial money and debt advice.