{"id":2149,"date":"2025-07-01T12:25:32","date_gmt":"2025-07-01T06:55:32","guid":{"rendered":"https:\/\/www.extramilefinance.uk\/blog\/?p=2149"},"modified":"2025-07-01T12:38:45","modified_gmt":"2025-07-01T07:08:45","slug":"can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know","status":"publish","type":"post","link":"https:\/\/www.extramilefinance.uk\/blog\/can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know\/","title":{"rendered":"Can You Still Borrow Money If You Have a CCJ? Here&#8217;s What to Know"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_52 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e257bfbf1c0\"><span class=\"\"><span style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e257bfbf1c0\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.extramilefinance.uk\/blog\/can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know\/#Understand_County_Court_Judgment_CCJ_and_its_impact\" title=\"Understand County Court Judgment (CCJ) and its impact\">Understand County Court Judgment (CCJ) and its impact<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.extramilefinance.uk\/blog\/can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know\/#Is_it_wise_to_borrow_money_with_CCJ\" title=\"Is it wise to borrow money with CCJ?\">Is it wise to borrow money with CCJ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.extramilefinance.uk\/blog\/can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know\/#How_can_I_handle_existing_CCJ\" title=\"How can I handle existing CCJ?\">How can I handle existing CCJ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.extramilefinance.uk\/blog\/can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know\/#What_are_the_challenges_in_borrowing_money_with_CCJ\" title=\"What are the challenges in borrowing money with CCJ?\">What are the challenges in borrowing money with CCJ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.extramilefinance.uk\/blog\/can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know\/#What_are_the_loan_options_do_I_have_to_borrow_money_with_CCJ\" title=\"What are the loan options do I have to borrow money with CCJ?\">What are the loan options do I have to borrow money with CCJ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.extramilefinance.uk\/blog\/can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know\/#How_do_I_improve_my_chances_of_borrowing_money_with_CCJ\" title=\"How do I improve my chances of borrowing money with CCJ?\">How do I improve my chances of borrowing money with CCJ?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.extramilefinance.uk\/blog\/can-you-still-borrow-money-if-you-have-a-ccj-heres-what-to-know\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>You are not alone. Many individuals are facing the consequences of County Court Judgment, also known as CCJ. Does it mean no chance of borrowing money? You should understand that it is well a possibility to borrow money even if you have a judgment against your name.<\/p>\n\n\n\n<p>Another reality can be a bit of a challenge, as CCJ negatively affects your credit score. What&#8217;s the reason behind it? It is an obvious one, i.e. lenders will consider you as a high-risk borrower.<\/p>\n\n\n\n<p>Still, worrying is not the solution. A few specialist lenders out there in the UK offer <a href=\"https:\/\/www.extramilefinance.uk\/loans\/without-guarantor.html\"><strong>CCJ loans with no guarantor<\/strong><\/a>, no hefty paperwork and several benefits. A <strong><a href=\"https:\/\/www.extramilefinance.uk\/\">direct lender<\/a><\/strong> may be the wise choice in this regard. It can accept loan requests on other factors like individual affordability, recent repayment history, current monthly income and stability in employment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Understand_County_Court_Judgment_CCJ_and_its_impact\"><\/span><strong>Understand County Court Judgment (CCJ) and its impact<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A CCJ (County Court Judgment) in the outcome of a legal order issued in England, Wales and Northern Ireland. The Courts issue it after finding that you owe money to a lender but missed or defaulted on the payments. It is also issued when you continuously ignore the court proceedings.<\/p>\n\n\n\n<p>It has two major impacts:<\/p>\n\n\n\n<ol type=\"1\">\n<li>It remains on your credit record for 6 years if the payment is unpaid within a month. It is even if you pay instantly, you stay as a high-risk borrower for the lenders.<\/li>\n\n\n\n<li>The impact of CCJ is also on loan applications, insurance, or mortgages. It has an effect on employment opportunities as well.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_it_wise_to_borrow_money_with_CCJ\"><\/span><strong>Is it wise to borrow money with CCJ?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Borrowing money despite the court judgment can have advantages and disadvantages. Let us understand them in detail below:<\/p>\n\n\n\n<p><strong><u>Advantages<\/u><\/strong><\/p>\n\n\n\n<ul>\n<li>Rebuilding your credit score is vital, and therefore, you need to repay the pending loan repayment promptly. It will help you regain control over your credit record.<\/li>\n\n\n\n<li>During financial emergencies, this option is quite beneficial as your need is genuine, and the lender can understand your compulsions for this. You can also consolidate your debts.<\/li>\n<\/ul>\n\n\n\n<p><strong><u>Disadvantages<\/u><\/strong>:<\/p>\n\n\n\n<ul>\n<li>When you go out to borrow money, you will find interest rates or APRs quite higher than in usual conditions.<\/li>\n\n\n\n<li>The terms and conditions will be quite strict. This is particularly true when you have applied for a secured loan for CCJ. If you default, you straightway lose your asset.<\/li>\n\n\n\n<li>There will be limited borrowing opportunities, and most lenders feel it is risky to fund individuals with CCJ issues.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_can_I_handle_existing_CCJ\"><\/span><strong>How can I handle existing CCJ?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are multiple ways to handle County Court Judgment issues against your name. Here are the experts\u2019 suggestions:<\/p>\n\n\n\n<ul>\n<li><strong>Make the payment within a month<\/strong>: You have a period of 30 days to make the payment for which the order was issued. By doing this, you can remove your name from the judgment. If you don&#8217;t do so, it will keep haunting your financial progress.<\/li>\n\n\n\n<li><strong>Mark as \u2018Satisfied\u2019<\/strong>: If you make all the payments within a month, it will be updated with the status of \u2018Satisfied\u2019 in the court register. It will help you to enhance your creditworthiness.<\/li>\n\n\n\n<li><strong>Ask for cancelling judgment<\/strong>: If there are incorrect forms or you have other valid reasons, you can apply for cancelling the judgment.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_challenges_in_borrowing_money_with_CCJ\"><\/span><strong>What are the challenges in borrowing money with CCJ?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Having a CCJ against your name is indeed a big dent in your financial record. Therefore, you have many challenges to face, such as:<\/p>\n\n\n\n<ul>\n<li>Lenders will consider you a high-risk borrower. Consequently, they may agree to fund your needs but at higher interest rates;<\/li>\n\n\n\n<li>You need to search hard to find out the relevant loan deal. Options are very limited, and perhaps direct lenders are the right choice;<\/li>\n\n\n\n<li>Lenders will ask for you to provide a personal guarantee or secure the loan with an asset, which you have to arrange;<\/li>\n\n\n\n<li>You have to give proof of stable monthly income. Besides, your current repayment behaviour should be accurate.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_loan_options_do_I_have_to_borrow_money_with_CCJ\"><\/span><strong>What are the loan options do I have to borrow money with CCJ?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Despite limited borrowing options, you can still have a few loans to avail of despite CCJ. Here are a few of them:<\/p>\n\n\n\n<ul>\n<li><strong>Specialised CCJ loan deals<\/strong>: Some lenders focus on providing loans to people with CCJs. However, these will be high-interest rate loans because of the excessive risk.<\/li>\n\n\n\n<li><strong>Guarantor loans<\/strong>: These are guarantor-backed loans where the applicant has to involve a guarantor with a good credit score or a homeowner to make the loan application stronger. The guarantor&#8217;s presence reduces the risk, and loan approval will be there.<\/li>\n\n\n\n<li><strong>Secured loans<\/strong>: These are collateral-based loans where the borrower has to secure the borrowing amount with an asset, like property, vehicle or any valuable asset.<\/li>\n\n\n\n<li><strong>Loans for bad credit<\/strong>: These are also the specialised funding products available for those with lower credit profiles. You can use them as credit builder loans because the approval can be there based on individual affordability.<\/li>\n\n\n\n<li><strong>Doorstep loans<\/strong>: You can also look for the deals available on <a href=\"https:\/\/www.extramilefinance.uk\/loans\/doorstep-loans.html\"><strong>doorstep loans like provident no credit check<\/strong><\/a> upfront. These help get funds to your doorstep with no hard credit inquiry.<\/li>\n\n\n\n<li><strong>Payday loans<\/strong>: These are also high-interest rate loans but are easily available for a small amount. You borrow a small lump sum amount and repay it on your next salary day.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_do_I_improve_my_chances_of_borrowing_money_with_CCJ\"><\/span><strong>How do I improve my chances of borrowing money with CCJ?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You need to borrow money, but CCJ is coming your way. You can still get a chance to work on these aspects:<\/p>\n\n\n\n<ul>\n<li>Influence lenders by paying off all the debts and getting a \u2018satisfied\u2019 status on your judgment.<\/li>\n\n\n\n<li>Your current financial stability is vital, and it should include regular and steady income, timely payments, and no pending debt.<\/li>\n\n\n\n<li>Check your credit score before applying for a loan. You can approach a credit reference agency and dispute errors if there are any.<\/li>\n\n\n\n<li>While you are on CCJ, try avoiding too many credit checks, moving home or switching employment.<\/li>\n\n\n\n<li>Stick to your actual needs and decide on an affordable loan term. Lenders like Extramilefinance offer only the affordable loan amount.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you have a County Court Judgment against your name, it does not mean that you cannot borrow money. You have opportunities to explore, but it requires cautious planning and preparation.<\/p>\n\n\n\n<p>Explore specialised loan options, show financial responsibility, and research a lot. With these practices, you can face any challenge and make informed decisions while borrowing money with CCJ.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You are not alone. Many individuals are facing the consequences of County Court Judgment, also known as CCJ. Does it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[329,149],"tags":[151,150,171,172],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/posts\/2149"}],"collection":[{"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/comments?post=2149"}],"version-history":[{"count":2,"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/posts\/2149\/revisions"}],"predecessor-version":[{"id":2153,"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/posts\/2149\/revisions\/2153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/media\/2150"}],"wp:attachment":[{"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/media?parent=2149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/categories?post=2149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.extramilefinance.uk\/blog\/wp-json\/wp\/v2\/tags?post=2149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}