If you have a County Court Judgment against you then you surely are in trouble. The worst condition of a CCJs is that you are given a very short period for paying back the loan amount to the lender who went to the court against you as you failed to make timely payments. As your financial resources are limited and your earnings have not improved much you are still not in a position of clearing the dues. Unsecured loans CCJs come to your rescue in such crises.



Under CCJs you are given only a month’s time to pay the loan back to the lenders. In case you failed to clear the loans repayments fully in the one month period than the CCJs are mentioned in your credit report. What is worst is that the credit report holds CCJs in your name for next six years. Obviously it means that you would face difficulties for six long years in getting a loan at easier terms. You would be paying higher interest on any loan. but what is more worrying is that even if you pay off the debts just after the one month period, the CCJs continue to be their in your credit report for six years. Clearly you must pay off debts in time to avoid CCJs written against your name.

This is where unsecured loans CCJs are useful as these loans are especially provided for the purpose of immediately paying off the debts. Lenders approve unsecured loans for CCJs immediately so that the borrower can pay off the loan without any delay. The loan carries high rate of interest but it hardly matters to borrowers who are to be labeled as having CCJs. But still comparing lenders can give you a loan at lower interest rate. We can say that the loan gives you an opportunity to start fresh in life and learn from past mistakes.