A wise guide to…

Getting a loan with a CCJ

If you've ever had a County Court Judgement or CCJ, then you are probably wondering if you can get a loan again. The good news is that most often you can, although it can be a bit more challenging.

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Representative 99.8% APR. Representative Example: If you borrow £500 over 52 weeks at a Representative rate of 99.8% APR and an annual interest rate of 99.8% (fixed), you would pay 52 monthly instalments of £13.41. The total charge for credit would be £197.32 and the total amount payable would be £697.32.

Choose Wisely is a trading style of Choose Wisely Limited and is a free to use price comparison website. Choose Wisely Limited is authorised and regulated by the Financial Conduct Authority as a credit broker not a lender, firm reference number 730574 and is registered with the Information Commissioner’s Office number Z3106681.

How to get a ccj loan in 3 simple steps.

Affordability assessment.

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Compare products.

Choose from lenders that have accepted your application.

Speedy finance.

If approved, the cash can be in your account in as little as 15 minutes.[†]

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Written by Andrew Freelander

Read time: ~5 mins

Published: 4th April 2016 Updated: 9th September 2020

Can you get a loan with a CCJ?

Yes, it is possible, but it is harder to take out finance when you've had a CCJ or history of defaults. This is because lenders will view you as being a riskier customer until you can show that you are reliable at managing your finances and your repayments. A CCJ will stay on your file for six years, so loans will be harder to come by and more expensive until then.

Can you get a car loan with a CCJ?

Again, yes, this is usually possible. However, you might need a guarantor, which is someone who agrees to pay your debt in the event of you not being able to, often a friend or family member.

One thing to bear in mind if you have a CCJ is that borrowing costs such as interest and payment fees are likely to be more expensive. You also may not be able to borrow as much as you would like to. This is because CCJ loan products are a type of bad credit loan. Bad credit loan customers are perceived to be riskier customers by a CCJ loan direct lender and the lender wants to protect themselves from writing out loans that don’t get paid back.

How can I get a loan with a CCJ?

There are specialist CCJ loans available which are designed for people in this situation, along with specialist bad credit lenders such as Cashfloat and Everyday Loans. These loans do not always require a guarantor and they tend to be offered directly from specialist finance providers with expertise in bad credit lending. Alternatively, there are guarantor lenders such as Amigo, Bamboo and George Banco who provide potential routes to borrowing for people with a CCJ.

Get the right bad credit loan

If a CCJ loan is a little too specific try removing the headache by reading about bad credit loans

Bad Credit loans

Can I Get a CCJ Loan with No Guarantor?

Some CCJ loans will require a guarantor to offset the risk to the lender. Others may not require a guarantor but your demonstrable disposable income must be higher. The interest rates will also be higher and the sums available to borrow are likely to be relatively low compared to other applicants.

Why should I use Choose Wisely to get a CCJ Loan?

Choose Wisely provides an informed view on the borrowing options available to you based on your specific financial circumstances. We source details and information from hundreds of lenders to give you a full overarching view of which basic financial products can suit you. Click through to the loan application form to receive an overview of lenders that accepted your loan application. You will also receive the quotes in your inbox.

CCJ Loans FAQs

Can I complete a loan online with no need for phone calls?

Yes, personal loans with CCJ history are available online from specialist lenders. You will only need to provide a few details for the lender to carry out an online credit check to see your finance history and credit rating. After this, the lender will either approve or reject your application and make you an offer based on whether you meet their criteria.

It’s an emergency, how quickly can you get a CCJ loan?

You may be able to arrange CCJ loans in as little as 24 hours, depending on the lender and your circumstances.

How much can you borrow if you have a previous CCJ?

This will depend on your personal circumstances and credit history. You are more likely to be accepted by a CCJ loans direct lender if you are only borrowing a small amount and can afford to make repayments.

Written by

Andrew Freelander

Brand & Content Manager at Choose Wisely

Andrew joined Choose Wisely 5 years ago, originally working in a design capacity to make sure the website was simple to use. Most notably he worked with the Consumer Finance Association to design the comparison table of choice for High-Cost Short Term Finance products.

See full bio

Important Information.

All of the information in this guide is correct at the time of writing.

Rates shown are quotes based on your personal circumstances, are subject to status and are available to those aged 18 and over. Rates available range from a minimum of 3.9%APR to a maximum of 1575%APR Representative and loan repayment periods range from 3 to 60 months.

[*][†] Once accepted, your loan can be transferred to you in as little as 15 minutes. The time that it takes for the loan to show in your bank account will depend on your lender and your bank.

If you need financial advice you can visit stepchange, speak to citizens advice, call the national debtline or speak to moneyadviceservice.org.uk.

If you've been declined, please refer to your credit report to gain an understanding of why before making further applications.
Your score can be accessed for free via any of the main credit reference agencies such as Credit Karma, Clearscore or Experian.