CCJs and Secured Loans

Just because you have a County Court Judgement against you; doesn't mean that you will automatically be refused a loan. First Aid Finance Ltd specialises in providing CCJ secured loans, and because we treat everyone as an individual; we are confident that we can find the right loan for you.

In the UK nearly 700, 000 County Court Judgements are made each year. If a judgment is made against you; any outstanding debt must settled within thirty days or it will be recorded on your credit file. Even if you subsequently pay the debt it will remain on your credit file for six years; although marked as ‘satisfied'.

All this is bad news for your credit rating, but it isn't the end of the world. Unsecured personal loans might be out of the question, but homeowners can still get a secured loan. The difficulty lies in finding the right one.

Some brokers regard CCJs as an excuse to offer customers sub prime rates, but at First Aid Finance Ltd we do our utmost to get the best loan for your circumstances. Most of our lenders overlook CCJs of a certain age; so even if you've had a run of financial bad luck in the past, you can still get a favourable loan. Even if you aren't able to satisfy existing CCJs, First Aid Finance Ltd can still help with a secured loan. Of course if you want to make a fresh financial start you can use the new loan to clear existing debts. It's up to you.

At First Aid Finance Ltd we're so sure of our loan rates that we encourage all our customers shop around as much as possible before making any commitments. Start by phoning one of our advisors for a quote on 0800 0319464 and don't hesitate to ask any questions.

For more advice on CCJs, debt management and how to improve your credit history get in touch with your local Citizens Advice Bureaux.