If you have a bad credit history that includes cases of county court judgments, then finding out a new loan may be difficult as you are a high risk borrower. However, on making an extensive search in the marketplace, you can also find especially carved out CCJs loans for your circumstances. But, you should take out the loan as per your requirement and circumstances.

County court judgments are usually issued by the courts on behalf of a person or company that you owe money to and are unable to repay. Thousands of CCJ’s are issued each year with the intention of resolving the debts.

Getting a CCJ loan is not as hard as one might think. If you have some property you can offer as collateral, then you may qualify for a lower interest rate loan because the lender sees that you are serious about repairing the CCJ damage. If you are diligent in making the payments and even get the new loan paid in full, this is seen as favorable by other lenders and the CCJ won't really matter all that much. After six years, all evidence of a CCJ is deleted form your record, so future loan creditors won't know it was even there.

This is an excellent way to possibly prevent the CCJ from ever appearing on your record if you repay the loan within 30 days. Even if you are charged a high rate of interest for the loan, if you make your monthly payments on time, the lender may lower the CCJ interest rate for you.

A CCJ loan is offered by many online lenders who will give you a good deal, provided of course that you have defaulted on a small amount.