Have recommended you to others. Helped us where others wouldn't/couldn't. Will definitely use again.
Mrs L McAllister - Dunfermline
Thank you so much for all your help when no one wanted to give me a mortgage you guys managed to sort it out for me so thank you I will definitely recommend your company thanks again
Miss C Turner - Spalding
I can't say this enough John Moore is amazing and a true credit to you.
Miss H Wood - Sheffield
The service I received was excellent. Staff were very approachable and always available to speak to me when I had a query. I never thought that I would find a mortgage with having adverse credit, but Prosper made my dream of purchasing my home come true!
Mr & Mrs Cornelius - Leicester
Really impressed with the Prosper Home Loans team, they helped us find a suitable mortgage quickly when other lenders/ brokers couldn't. We are now in our new home, many thanks!
Mr W Anderson & Miss E Mills - Leeds
Great service from start to finish!! Big thanks to all that helped to secure our mortgage.
Miss F Bell - Hastings
We are very happy with your service that you have provided. We would definitely recommend you to anyone who was in our situation.
Mr J Cave - Hastings
Very happy with the service provided, far superior than previous advisers we had spoken to.
Mr W Anderson - Leeds
What is a CCJ?
A County Court Judgement (CCJ) is a judgment that a county court issues when someone has failed to pay money that they owe. CCJs are a simple way for creditors to claim the money they're entitled to.
When you owe money to someone, they can apply to the County Court for a judgment (CCJ) against you to claim the money.
The Court will decide whether there really is a debt to pay. If there is, they will issue a CCJ. This will set out how the debt should be repaid.
How does a CCJ affect your credit rating?
A County Court Judgement (CCJ) can have serious implications on your credit file.
If the County Court Judgement (CCJ) is for a large amount and is recent it will have a bigger impact on your credit file.
Satisfied County Court Judgements (CCJ's) are looked on more favourably by mortgage lenders.
County Court Judgements (CCJ's) come off your credit file after 6 years.
What is a Default?
A Default occurs if the lender decides to close your account because you’ve missed payments. This might happen to an account you have with a bank, mobile phone company or utility supplier (e.g. gas, electric and water).
A Default can occur regardless of how much money you owe, whether it’s a few pounds or a few thousand. It usually happens if you’ve been missing payments over the course of three to six months, but this can vary depending on the lender’s terms.
The Court will decide whether there really is a debt to pay. If there is, they will issue a County Court Judgement (CCJ). This will set out how the debt should be repaid.
How does a Default affect your credit rating?
A default negatively impacts your ability to borrow money. When you apply for credit, lenders check your credit information to decide if you’re likely to pay them back. A default looks like bad news to lenders, as it shows you’ve struggled to repay credit in the past.
How much a Default impacts your credit file is dependant on the size of the debt and when the Default was registered.
What is a missed or late payment?
When you set up an account with a company, you’ll usually agree to make monthly payments. It’s important to meet these payments on time and in full. Otherwise, you may negatively affect your relationship with the company, and reduce your chances of getting credit with other companies in the future.
Missed and late payments (such as missing a payment on your credit card) are viewed as the same thing when it comes to getting credit.
1 missed or late payment won't usually cause you a problem, however, 3 or more will affect your credit rating.
How does a missed or late payment affect your credit rating?
Some companies take late payments into account when calculating your score. This is because overdue payments can suggest you’re struggling to manage your finances. As a result, you might not meet some companies lending criteria.
Credit rating agencies hold information on your payment history for 6 years.