County Court Judgments are to decide the easiest way to pay off your debts in the market with fair terms. The CCJs pull down your credit score and a huge damage is caused to your credit history. It is quite possible that the traditional lenders of UK will not approve any loans and credit cards for you.
There are specialist lenders in the United Kingdom who lends money to the people who has a County Court Judgment history. These lenders do not check your previous credit record; hence people with a horrible credit score can also apply for an unsecured loan with CCJs As the name suggests, the loans are sanctioned without any security. People who do not have a property to pledge as collateral are also eligible. The lenders are advertising everywhere. The Televisions and newspapers are flooded with their advertisements. Every financial website has the link to the lenders’ website.
You can apply online for the unsecured loans with CCJs any time from anywhere from your personal computer. Those days are gone when you had to visit the lenders’ office for the interview and those tiring paperwork's. Nowadays the lenders have made the application and approval procedure easier for their customers. The only thing you have to do for applying for an unsecured loan with CCJ is to click on the submit button on your screen after filing up the application form.
You can borrow from £50 till £250,000 with the interest rates ranging from 6.4% APR to 70% APR. As these loans are unsecured and no credit checks are done for these short term small cash advances, the lenders charge a higher rate of interest to minimise their risk.
To get the best deal in the market you should do a little bit of research in the internet and it is always advisable to compare the APR with the other lenders before applying for a loan.
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 cash loans, loans for people with CCJs, secured loans CCJs, CCJs loans . For more information log on http://www.ccjsloans.org.uk