County Court Judgements (CCJs), defaults, mortgage arrears, bankruptcy, debts, IVA's and hire purchase defaults has created credit problems for most us at one point of time or another. Once you get a credit problem, it is almost impossible to get a perfect credit score as your credit history remains on a credit check database. Getting a poor credit card history means inviting problems for getting credits.

If you’re having some or the other form of credit problems, or have a poor credit history and worried of getting further credits, then Non Status Loan may just bail you out!

Non Status loan allows you to borrow money at a far better rate than an unsecured loan. Your adverse credit history and income isn’t taken into consideration while sanctioning the loan. Instead your home is used as security. However, if you discontinue the repayments on a Non Status Loan, you’re at a peril of losing your home.

The benefits of a Non Status loan are many: unlike remortgage or mortgage, you’re freed from the expenditures like surveys, mortgage indemnity and solicitors fees; cutting off the expenses makes the arrangement of non status loan much easier; non status loan can be used for any purpose right from debt consolidation, home improvements, to buying a car or going on holiday; by using a non status loan for debt consolidation, you can keep your monthly budget under control with single payment each month; and the repayment period for a non status loan can be anything between 3-25 years.