If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
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We’re debt consolidation loan experts. This means we know our stuff when it comes to loans! We know where the best rates are and have access to exclusive deals just for Lending Expert customers.
We’re not tied to one lender which means we can search the wider market to find you the cheapest debt consolidation loans from across the UK.
Lending Expert is an FCA regulated credit broker which means you can be assured you are dealing with a legitimate and reputable finance company.
If you have bad credit or have previously been refused a debt consolidation loan we can consider your application. Whatever your circumstances please get in touch to see how Lending Expert can help.
Loans displayed have a minimum term of 12 months and a maximum term of 360 months. Maximum APRC charged 49.9%.
Overall Representative Example for Secured Loans
Based on borrowing £18,000 over 120 months. Interest Rate: 6.5% fixed for 60 months with instalments of £227.38. Followed by 60 months at the lenders standard variable rate of 4.95% with instalments of £221.71. Fees Broker fee (£1,530); Lender fee (£495). Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee and Lender fee. Overall cost of comparison 9.1% APRC.
Secured loans are popular for those who wish to borrow larger amounts secured against their home. Repayments can be made over the long term and up to 30 years with many lenders. Secured loans are also most popular for financing home improvements and debt consolidation purposes.
A CCJ loan allows you to borrow money even if you have a CCJ on your record.
If you have outstanding payments on products such as credit cards, payday loans or personal loans for a long period of time, your lender can take you to court to try to recover funds and they issue a ‘County Court Judgement,’ otherwise known as a CCJ.
A CCJ is usually a last resort as a collection method and means that all recovery options have been exhausted, such as phone calls, emails, letters and even bailiffs. By having a CCJ on your record for 6 years, it means that future creditors could be hesitant to lend to you, so you may need to seek alternatives or specific CCJ loans if you need to borrow money again.
A CCJ is ‘satisfied’ once it has been paid off in full or it will remain ‘unsatisfied’ if it is still outstanding.
Yes, at Lending Expert, we work with the entire UK loans market to provide a range of CCJ loan options, including unsecured loans, secured loans and those with a guarantor.
Whilst lenders will be more cautious to offer money to someone that has a CCJ on their credit file, if the outstanding debt has been satisfied and other payments have been made since, you could still be approved for the loan that you need.
After all, Lending Expert understands that an individual’s personal and financial circumstances can change over the course of 6 years. If you can back-up your loan with a stable income, employment, a guarantor or adding security (i.e against your property), then you could borrow anywhere from £50 to £30,000.
To be eligible for a CCJ loan, you will need to give an indication that you are paying off debts on-time (such as credit cards or other loans) – and that your credit score is improving and not getting worse.
In addition, having a stable income and employment is vital to be eligible for any type of loan and you may need to verify this with a recent payslip or bank statement.
In some cases, to overcome your history of poor credit, you may need to add extra security to your application. This is commonly done with the help of a guarantor (see guarantor loans), or through added security such as a car (logbook loans) or borrowed against your property (see secured loans).
The general criteria is:
Yes, there are no guarantor CCJ loans available – and this may require you to secure your loan against something valuable such as a vehicle or property that you own.
Essentially, you are able to leverage the value of something you own that is valuable (such as a car or home) and borrow a percentage of its value. If you do not keep up with repayments, you could be at risk of this being repossessed by the lender in order to recover their funds.
Yes, at Lending Expert, we work with over 50 direct lenders across the UK, so you can apply with one company from start to finish, including the application, funding and repayments.
We appreciate that you do not want to work with lots of different brokers and middlemen along the way. We simply act as a price comparison and broker service to help you find the direct lender who is most likely to accept your application and offer the best terms. Beyond this, you can have peace of mind that you are working with just that lender and no one else.
With access to the whole UK market, we can help connect your CCJ loan application with the best lender possible and significantly boost your chances of approval. We can also offer secured loans for homeowners who wish to borrow larger amounts of money with longer repayment terms.
If you have a CCJ on your record, it can be hard to find the right lender and it can be very time consuming as you attempt to apply and not get a confirmed loan offer.
This is where Lending Expert is here to help – already assisting with tens of thousands of approved loan applications.
Simply click on ‘check my eligibility’ and complete our online application in less than 5 minutes and get an instant decision. We do not charge any fees for applying and if approved, you can typically receive funds on the same day.
Yes, if you have a history of CCJ's on your credit report then there are lenders who will consider a secured loan with a CCJ.
Yes, if you have a history of bad credit and previous CCJ's on your credit file then Lending Expert can help find you a loan. Check your eligibility above to get your results.
You can quickly apply online for a CCJ loan with Lending Expert. Simply check your eligibility to get started.
Apply for unsecured loans with repayment terms from 1 - 25 years. Solutions for all credit types from our panel of direct lenders and brokers.
Compare secured loan with our approved secured loan brokers at Lending Expert. Get expert advice and a quick quote online.
Apply and get the loan you need with the help of a guarantor. Compare the cheapest guarantor lenders on Lending Expert.
Get the business you need from our finance brokers and direct lenders online. Check your eligibility with Lending Expert.
If you have credit issues then we can still help. Lending Expert will check your eligibility and you can apply direct online today.
Consolidate debts with an unsecured debt consolidation loan from Lending Expert.
Get a bad credit loan with no guarantor required today. Check your eligibility and apply online today with Lending Expert.
