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Adverse or Bad Credit Mortgages, Consolidation Loans and Secured Loans FREEPHONE us 7 days a week 0800 092 0800 for bad credit mortgages Are you having problems finding a mortgage or credit, have you suffered from any of the following: County Court Judgements - ccj's satisfied or not, Adverse Mortgage. Mortgage arrears, credit card arrears, secured loan, Rent Arrears, Bad debt mortgage. Defaults, bad credit mortgage or poor payment profile mortgages. Been bankrupt and close to an ending Bankruptcy - bankrupt mortgage. IVA's, Voluntary Arrangements - iva mortgages. Ex-Marital, Divorce or Ex-Partner Debts, mortgage default. Plus many other examples of problems We
don't guarantee all bad credit cases are acceptable but if there is a deal
out there we will find and arrange it for you. Click here to
make an enquiry, please give us as much detail as possible and we will
assess the market and confirm from our position as whole of market
mortgage brokers if there is anything for you. We strongly recommend that
you obtain a copy of your full credit report before you enquire about a
loan or mortgage. Get Your Free Experian Credit Report Here Now
If you have any of the following Mortgage Arrears, Credit Card Defaults, IVA's, County Court Judgments, Bad Credit Score, Bankruptcy Credit Problems, Divorce or Separation Debts, Poor Payment Profile, Rent Arrears, Loan Defaults, Poor Credit Rating. Adverse or Bad Credit If a borrower has a history of poor credit usage then this is described as Adverse Credit. Poor Credit history can include County Court Judgements (CCJ), Bankruptcy, Mortgage arrears or any late payments on any credit arrangements. Arrears This describes the amount the borrower is behind in his mortgage repayments schedule. The amount is usually measured in either pounds or months of payments behind. Bankrupt A Corporation, Firm or individual who, via a court proceeding, is relieved from paying all debts once assets have been surrendered to an appointed third party designated by the court. County Court Judgments (CCJ) An adverse ruling by a County Court against a person who has not satisfied their debt payments with their creditors. Once the ruling has taken place it will be recorded against the persons credit history and will appear every time a credit search is done for the next seven years. If a person has a County Court Judgement against them it will have to be satisfied before they can get a mortgage. They will also find that the mortgages they can get will be at a higher interest rate. Credit Score This is a system used by companies or individuals lending money to individuals to attempt to validate the persons financial standing and ability to repay a debt. It uses a score card to assess all the answers given on a finance application which then provides a total score for the applicant based upon their individual circumstances, hence the phrase credit score. Default Failure of an individual to make payments on a mortgage at the correct time or to not comply with the mortgage companies requirements. Ex Marital, Ex Partner, Divorce Debts These are very common when individuals seperate in a personal relationship. The psychology behind it is that people don't want to have anything to do with debts or credit related applications to their ex partner and hence often these credit agreements get ignored or left behind. However the credit checking / tracing companies like Experian or Equifax keep track of these individuals and register a link to the peoples new addresses so they end up having problems obtaining mortgages, loans or finance.
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