For consumers in need of a CCJ loan, it can seem pretty desperate when they are looking for a bank willing to take a risk. In response, many have decided to secure their CCJ loans with either equity in their homes or with their cars and the results could be disastrous if the consumer defaults […]
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New Zealand Hit Hard with CCJ Loan Crisis
Posted on April 23rd, 2008 by justin
New Zealand is the latest country to report problems in their loan and housing market. Once again it appears bad credit and ccj loans that are going into default may be to blame. Numerous banks in the country were allowing bad credit or ccj loan applications to go through and now many are regretting those […]
Local Banks Hit Hard in Credit Crisis
Posted on April 16th, 2008 by justin
The latest casualty in the housing crunch appears to be small local banks who are normally able to weather such storms since they typically don’t offer bad credit or ccj loans to their customers. However, over the past few years, many changed their stance on ccj loans and began offering them on a regular basis. […]
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