Looking for UK secured loans with CCJs - more secrets revealed

by Damian Youell

Are you having problems looking for a UK secured loans with CCJs? Many customers looking for UK secured loans

with CCJs have been getting rejections. The aim of this short page is to assist you and help you get the best

loan product you can. Even if we can only help you lower the APR interest rate by just 0.5% the long term saving

over the term of a loan can be quite large. The advice and tips will now be given.

Secret 1 - What payment protection cover should I take ? You may have seen several programs on TV recently

saying that PPI is a rip off. That can be the case but it depends on your personal circumstances and likely hood

of needing to claim. If you have 12 months full pay if sick at work then you may not need cover. If you have no

other cover in place then cover may be of benefit to you. If you are considering taking PPI on your UK secured

loans with CCJs then rather than comparing APRs compare the total amount repayable over the whole term. Because

one lender may charge a cheaper APR but a bigger amount for the protection you could be better paying a higher

APR and getting the cheaper cover throughout the term.

Secret 2 - Find out about early settlement fees - Does the loan have early redemption fees - Unsecured and

secured UK loans with CCJs have early redemption charges. Ensure that you understand any charges and that it

fits your future plans. Some lenders do not charge anything while others charge 1 2 3 or more months interest to

settle early.

Secret 3 - Try to improve your credit rating - In many cases mobile phone companies , mail order catalogues ,

and other financial organizations make incorrect records concerning your payment history with them. If errors

have been made then you can get them rectified. You need to contact the credit reference agencies such as

Experian and Equifax and ask for a copy of your credit file. If mistakes are found then you can ask the agencies

to remedy the errors. Now that your credit file is correct and any missed payments that were incorrect removed

you should qualify for lower APR interest rates.

Secret 4 - Repayment term - Those who apply for a loan can normally be put in one of two categories those who

want a low monthly payment or those who want to pay back minimum interest. Think about what's most important to

you monthly payments lower or low interest payback. When you've made up your mind alter the UK secured loans

with CCJs terms, to your requirements.

Secret 5 - Shop around - Use the internet to compare loan amounts and interest rates offered. Although you may

have heard not to do lots of credit checks doing 3 - 4 is acceptable and allows you to shop around sufficiently.

Homeowners can apply for secured loans where better rates can be found for people with County Court Judgments

CCJs or adverse credit problems.

Some things we suggest you do now !

Many people have found that CCJs Secured Loans can assist

with CCJ loans.

Damian is the owner of many finance related websites. Including mortgage, loans and debt advice. For more information visit Mortgages CCJs

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