Frequently Asked Questions |
| What are CCJs? |
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A County Court Judgment is the term for a judgment made in the county court against a person or company in debt. This is a ruling made by a County Court against a person who has not satisfied payments to his/her creditors. These judgments will show up when the lender carries out a credit search. |
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| What are Unsecured Loans CCJs? |
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| These are loans which are not backed by any collateral and are eligible for approval even with CCJs. |
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| How much can I borrow? |
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It depends on your lender. Some lenders will look for good credit and some don’t mind a bad credit history. But, you will get the loans at any cost. |
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| How quickly do I get the decision? |
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In most cases we offer instant decisions, although there may be occasions when we require further information before we can process your application. |
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| What are the advantages of an unsecured loan? |
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| In case of a secured loan, the borrower might lose his/her home if he/she doesn’t repay the loan. This risk is not present in case of an unsecured loan. So, the borrower has nothing to lose. However, the lender can sue the borrower in case of a default in repayment. |
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