CCJs Tenant Loans:Funding while improving your credit rating
If a person has an adverse credit on his/her credit report it becomes very difficult for them to perform any financial activity in the market. This bad credit can happen to any one and at any time, the most common reason behind the bad credit is the CCJs (County Court Judgments). In this situation the tag of bad credit becomes the biggest hurdle. But now this is not the case, people can get loans without such harsh terms & conditions and undesired terms through the CCJ tenant loans
CCJ tenant loans are unsecured loans ccjs in which the borrower doesn’t have to pledge any collateral. These loans provide the opportunity to improve the credit rating of the person through timely payments. These loans don’t require any security to be kept and are especially designed for tenants. Also your credit score doesn’t affect your chance of getting the loan. You must fulfil some prerequisites in order to avail these loans:
You must be citizen of U.K.
You must be living at your present address since 3 months.
You must be above 18 years.
You must have a regular job since 6 months.
You must have a current bank account.
These loans are granted seeing your present repaying capacity and it decides your loan amount. Generally the amount you can get as loan varies from £1000 to £25,000 with a repayment period of 6 months to 10 years. The repayment mode is in form of monthly instalments which further eases you.
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POSTED BY Alex AT 8/11/2008 7:39 AM
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