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CCJ loan categories
You have two different ways in which a CCJ can be displayed on your loan record; happy and dissatisfied. Clients with dissatisfied clients will find it even more challenging to obtain loans. A number of creditors will grant you loans regardless of whether you have a happy or dissatisfied CCJ in your loan database.
In addition, you will probably be asked for some kind of collateral that you can afford against the credit, either as a surety or in your log book. Door step creditors are the exemption from this general rule, although most only quote up to 500 for new clients. Guarantors creditors bid from 50 - 7500 and accepted those with CCJs. However, they will not be able to do so.
Creditors of up to £500 can provide up to 500 for new clients, regardless of your credential requirements, and will agree to receive it with a CCJ. As soon as the money is organized, the money is shipped to your front doors. When you have your own auto that is financially free and under 10 years old, then a log book lending is an optional.
Log book lending work by backing up the loans repayment against your auto. Creditor will keep your log book for the period of the credit and own the temporary rental for you. Lending ranges from 100 to 1000 and is usually paid back within 6 month. Don't request a CCJ credit, if you're not completely in favor, you can pay back.
Many of the creditors who provide credits to those with a CCJ will need some kind of collateral. The CCJ loan is specially designed for those with a bad loan record.