What to do about an active ccj

[Emily444]

Ive had an active CCJ since December 2018 which I didn’t realise I had, it’s from a payday loan.

 

I recently applied to rent a property and was refused once they completed the credit checks due to the CCJ,

I had a score of 495 and you had to have 545 to pass.  

 

I was just wondering if I paid the CCJ and it was shown as satisfied whether I’d then be able to rent and my score would increase?

 

Thanks in advance 

[BankFodder]

Please fill this out <<<<

[Andyorch]

Not really .....even if paid in full will still show for a further 5 years as satisfied...which still can have an adverse effect on lending /renting.

 

Andy

[London1971]

As time goes past it becomes less and less relevant to lenders, even if it isn't paid.

 

At the 1 year mark it's possible to get a mortgage with a 25% deposit, I had to wait until my Newest CCJ was 2 years old because I only could afford a 15% deposit on my house, I am also paying a couple of points higher interest too. 

 

Also the amount can have something to do with it, I'm guessing that a payday loan would mean that it's smaller, the the improvement over time is faster if it's only a small amount

[dx100uk]

why did you not defend the court claim?

backdoor CCJ by a DCA you knew nothing about?

 

 

[Emily444]

Yeah I didn’t know the dca and I didn’t know if they were actually serious as the debt wasn’t even that much. 

[dx100uk]

who said you even owed it...

who was the oc?

[Emily444]

The debt was originally with piggybank and passed onto TM legal services.

[dx100uk]

who are TM legal CLIENT..they are a solicitor NOT a debt buyer.

 

piggybank cough nicely on irresponsible lending reclaims

 

get one running

 

 

dx