Loans for people with bad credit scores and CCJS in the UK
If you have a County Court Judgment (CCJ) and are looking for payday loans in the UK, it can be difficult, but it is very possible. After all, some lenders offer special loans to people with bad credit, including CCJ.
Let's take a closer look at the possible ways to get payday loans for people with CCJ:
- Specialized lenders. Yes, some finance companies specialize in lending to people with very bad credit, including CCJ. Lenders usually charge high interest rates for such loans because the risk of default is high. You can see a list of such lenders at the top of this page.
- Loans of guarantors. Alternatively, you can find a guarantor with a good credit history, which can increase your chances of getting a loan
- Credit unions. If you are a member of a credit union, you are better off approaching them for a loan. Usually, credit unions lend to their members with bad credit at lower interest rates
Please note that the list of documents for the loan may include financial documents about income, passport, and details of your CCJ. When applying for a loan, we recommend being as honest and transparent as possible.
As an alternative, you can also take out a personal loan. Your possible expenses:
Personal loan calculations for 1 year (example)
| Amount, $ | Rate, % | Accrued %, $ |
| 5,000 | 6.40% | 173 |
| 5,000 | 7.40% | 200 |
| 5,000 | 8.40% | 228 |
| 10,000 | 8.50% | 460 |
| 10,000 | 9.50% | 515 |
| 10,000 | 10.50% | 569 |
| 20,000 | 10.60% | 1,148 |
| 20,000 | 11.60% | 1,257 |
| 20,000 | 12.60% | 1,365 |
| 25,000 | 12.70% | 1,720 |
| 25,000 | 13.70% | 1,855 |
| 25,000 | 14.70% | 1,991 |
