Written by Our specialist remortgage brokers have extensive experience with bad credit problems and especially those with a County Court Judgement.
So please, don’t worry! We help over 95% of all those who apply with us online >>>>>>>>>>>>>>>>>>>>>>
Our specialists can help with any of the following:
- Bad credit record CCJ, Defaults, Arrears
- Turned down and classed as bad credit
- No Proof of income
- Mortgage Arrears
- Chased by credit card or debt collection Agency
- Threatened with home repossession
- Unhelpful bank
- IVA or Bankrupt
- Struggling with debts and needing to consolidate
- Self employed with no accounts
Bad Credit Terms
CCJ (County Court Judgment) is a judgment given by a court for non payment of an unsecured debt, this remains on the applicants credit file for 7 years.
Arrears are when payments are missed, this normally is associated to a mortgage or secured loan.
Adverse Credit is a general term for people with a poor credit history.
Default is a status given to an account when four or months payments are missed. If the applicant can be found a CCJ will be issued against them.
Repossession Order is when a lender takes possession of a property when payments have been missed and negotiations between the mortgagor & mortgagee have broken down.
IVA (Individual Voluntary Arrangement) is a status used when the creditors agree to a lower monthly figure, which stops Bankruptcy proceedings and allows the person to continue earning and paying their commitments.
Bankruptcy is a status used when someone cannot obligate their financial commitments. This lasts normally for a period of between 12 months until 5 years. The bankrupt person is unable to obtain credit for more than £250 and has a ceiling attached to their earnings.
Remortgage CCJs are a specialist remortgage company who provide help to homeowners looking to remortage and who have a County Court Judgement or who have a bad credit history. Finding a Remortgage CCJ is not easy for some remortgage lenders as they are not specialists in this area. With Remortgage CCJs we can help you find a remortgage within minutes of applying so we can put your mind at rest by our fast approval and decision.
