What is a CCJ and how does it affect Bad Credit?
A CCJ is a county court judgement and counts as a major bad credit score factor that lowers a persons personal credit rating. Fundamentally, it is issued as a court judgement against an individual when the borrower fails to make the loan repayments as per the arrangement and contract they signed with the unsecured loan lender. This leaves people with a bad credit rating and leaves them struggling to get cheap unsecured personal loans to help them get through bad times. The interesting thing is this, despite people having bad credit and CCJs there is a route back to getting unsecured personal loans despite the bad credit. So help is out there, here is more information about your options if you suffer from CCJs or bad credit.
