The full form of CCJs is County Court Judgments. CCJs tenant loans is for those people who has defaulted in repayment but has repaid the outstanding loan amount after the issue of the County Court Judgment.
Borrower who is a tenant, having bad credit and CCJs closes all the possibility of getting a loan. As soon as the County Court Judgment is issued for a tenant, the financial institutions are informed. This record is hold in reserve at county courts in UK for six years. It will also show the same on the bad credit tenant borrower0s credit file for the same period of time. If any borrower repays the entire default amount within a month after the judgment, he/she can request the court to remove and cancel the entry from their records. A borrower can get an updated credit history report one month after the request and check to see that the court had cancelled the entry in the report. For this the borrower will need to pay 010 as court fee and will need to prove to the court that the debt has been settled. As soon as court issues a certificate of satisfaction, the credit bureaus should be […]

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