Tag No Guarantor Loans

CCJ – County Court Judgement(S)

Well, What Is a CCJ?

In simple terms, it is an order that a court in the UK issues for non-payment of any money owed. It is sometimes also called as County Court Summons. It is one of the ways used by creditors or the lenders to extract the money from their borrowers.

You can be issued with an CCJ if you have missed your payments on loan such as secured loans or unsecured loans like NO GUARANTOR LOANS.

How Much Can I Borrow?

Can I still borrow money in the future? These are two of the most common questions often asked by customers after receiving a CCJ.

Don’t panic! We’ll tell you what to do when you receive a County Court Claim form or a CCJ. We’ll also guide you how to avoid receiving it again to ensure little or no impact on your credit scores.

  • As a first step, if you owe any money to someone, they can approach County Court for a judgement against you. The Court studies the matter and decides if at all there is any debt to pay. If there is debt, the Court will issue a judgement.
  • You will receive a claim form and an admission form. You can send this form back within 14 days, detailing your take on the entire matter.
  • The first option for you is to pay the amount in full, including any court fees. It will ensure no court hearings and no recorded CCJ against you.
  • As a second option, you can offer to pay in installments.
  • The third option could be to dispute the amount stated by your creditor. You can fill in the admission form and send it back to the Court. The Court will take a final call on it.
  • If you think your creditor owes you some amount, you can fill the counterclaim form.



You must make all efforts not to ignore the claim or miss relevant deadlines. It could otherwise lead to a default judgement against you.

What if I can’t pay a CCJ? Can I approach a lender for an unsecured loan even if I have an unsatisfied judgement on the register?

  • If you cannot pay a CCJ, you can contact the Court, ask them to change the repayment amount.
  • The court sets your repayments based on the information you provide. Your earnings and spending related information helps the Court in deciding such matters.
  • An unsatisfied CCJ remains on the register for six years. It creates challenges while applying for further loans or mortgages.
  • A CCJ gets removed if the customer makes the full payment within one month of the date of judgement.
  • You can have the judgement removed from the register by asking the Court to set aside the verdict. It is possible only if the Court sees a genuine reason to dispute the assessment.
  • Most banks and lenders carry out a CCJ check against the register while deciding on lending. Some direct lenders and finance companies can provide no  CCJ loans of up to £ 30,000 or more.

Got a CCJ against you? Speak to your debt adviser or a direct lender, now.


Also Know:
What is Individual Voluntary Arrangement (IVA)?


No Guarantor Loans

No Guarantor Loans

No Guarantor Loans

When it comes to applying for a loan, It’s very important to understand and review all the facts relating to it. Proper research should be done before getting a loan, as one bad step can affect your credit score. So we are going to understand all that is to be known about very bad credit loans no guarantor

We are going to look at what are no guarantor loans, who can apply for it, advantages and disadvantages, and how and where to apply for it.

No guarantor loans

What is No Guarantor Loan?

No Guarantor loan is loan which do not require a co-signer or a guarantor in order to co-sign the repayment of the loan or home mortgage. A guarantor is someone who makes the repayments if the borrower fails to make it, this happens only in guarantor loans.

No guarantor loan is a good financial help to the people who don’t have anyone to vouch for them in case of emergencies where they are short on money. No guarantor payday amount ranges from £50 to £2000.

However, lenders are more likely to credit you with money if there is a guarantor who can back you. This is good from lenders perspective as they are confident they can get their money back.

Who Can Apply for No Guarantor Loans?

People who are in urgent need of cash who has an emergency financial expense to take care of can go for no guarantor payday loans. The emergency expense can be repair of your leaky roof, vehicle repair or servicing, or any household appliances that require a repair. There may be reasons besides this, as everyone goes through different financial problems. Also, these loans are quick, straightforward and instantly available, so there is not much of a waiting time for no guarantor loan.

What Are Advantages and Disadvantages of No Guarantor Loans?

Advantages –

  • Quick and easy applying
  • No paperwork involved
  • No guarantor required
  • You can get loans even if you have a bad credit (Bad Credit Loans)

Disadvantages –

  • A higher rate of interest than usual
  • Riskier to lenders
  • Can be hard if you have a very poor credit score
  • You have to repay within months

How and Where to Apply for No Guarantor Loans?

You can apply for no guarantor loans online on a lender’s website. All you have to do is got to the website, click on the application form. After clicking on the application form, a webpage will open with a number of fields to fill in.

Fill all the details correctly and submit the form. After submitting the form the loan amount gets credited to your account within an hour.


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