A person asking for a CCJ Tenant Loan does not have his own home to offer as collateral. These are also unsecured loans. That is why the interest rates are a bit higher on this type of loans. No matter what, there are companies out there on the internet who are more than willing to help you. You need not even have an average credit score of 600 to avail this kind of loan.
Features of the Tenant Loans CCJ
It is easy and manageable method to generate cash;
You can use the cash for any purpose you want: debt consolidation, home repairs, car purchase or vacation.
Control your monthly budget by consolidating all your debts using the money from tenant loan CCJs.
You can get a repayment period of up to 25 years.
The best thing about the tenant loans CCJ is that while you may travel most of the time or stay in different addresses, your personal problems are considered and taken care of. Statistics say that around 50 per cent of the UK residents have experienced some kind of credit problem in their life: County Court Judgment, Mortgage Arrears, Defaults, IVAs, and Bankruptcy.
Lenders see to it that your needs are met even if you faced a CCJ (county court judgment). It is a debt claim by Creditors or Lenders against you. This affects your credit ratings. But as we know these lenders do not consider the previous loan tracks as criteria in the loan approval process. You can still approach the money lending companies on the internet to have your needs financed.