CCJ's
Hot Topics
- What is a secured loan?
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Secured loans enable homeowners to borrow capital against the value of their property. This means that you are effectively using your property to guarantee the loan. If you cannot keep up with the repayments, your home is at risk.
- How quickly can I get the decision?
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More and more loans companies are selling themselves on how quickly they can make a decision. Many promise an instant decision, however they will still have to carry out a variety of checks to verify the information you have provided in your application.
- What if I want to pay my Loan off early ?
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Before agreeing to your loan, read the terms and conditions of the agreement. Some loans allow you to pay your loan off early without any penalties, however, some don't.
- What happens if I am suddenly injured or taken ill?
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To protect your loan repayments in case you are unable to work due to accident or illness, you will have to take out either personal loan or short-term income protection insurance.
- What happens if I want to borrow more?
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To borrow more you have the option of either taking out a new loan independent of your other loan(s), or arranging with your loan provider to add onto your existing loan.
A county court judgement is a judgement issued by the country court in order to recover an unpaid debt. You will have been issued a CCJ for not paying or being unable to contribute to debt repayments in a sufficient manner to meet the terms of a financial agreement. You could be issued with a CCJ for non-payment of credit card or loan debts, and also for things like council tax and utility bills. Before you are issued with a CCJ, you will normally have already been pursued by an independent debt collection company.
If you have a CCJ on your credit record then it will naturally affect your ability to get a loan. However you will still be able to get credit, albeit with a higher APR than you see advertised. Freedom finance can still arrange loans for people with CCJ's through this website, so request a loan quote today and a loans adviser will contact you with some competitive quotes.
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