Your credit score and why this is important?

Your credit score reflects how you manage your finances and this is taken into consideration by companies with whom you are looking to obtain credit from. Be this car insurance, a loan, a credit card or a mortgage etc.

The higher your credit score is the more options you will have in obtaining credit and you will be able to obtain better rates. It is vital for people to have a good understanding of their credit score, address any issues or discrepancies especially any CCJs.

Having a CCJ even if you have a good score will certainly prevent you from obtaining credit and this usually comes to light at a wrong time usually when you are in the process of buying your first home, re-mortgaging, or you are looking to rent a new property, new car on finance or seeking new employment.

Most of our customers are looking to access the following when they realise that they have a CCJ:

Mortgage/Remortgage or First Time Mortgage Buyers
Property Rentals
New Mobile Phone Contract
Car Insurance on Credit
New Job or Current Job Screening Checks
Unsecured Loan

Credit Cards
Car Finance
Other Forms of Credit
Opening a Bank Account

Your credit score will be checked by almost everyone where you are committing to pay monthly, even some Gym Memberships will check your credit. Now with the cost of living increasing, people are needing to access credit more often and therefore managing your credit score will help you make those big decisions.

If you have a CCJ that you didn’t know about then call us today or complete the enquiry form by clicking here and we will conduct a free case assessment and explain your options.

ARK CMCS is a limited company registered on Companies House. Registration Number: 13584612.

© 2022 ARK CMCS. Disclaimer | This statement is to explain our status in offering to provide you with support services. Although we are qualified Paralegals, we are not entitled to practise in the same way as a Solicitor or Barrister. Therefore, in providing any Litigation support services to you we are not acting as a Solicitor or Barrister and we are not subject to many of the rules which regulate practising solicitors or barristers. This limits the services we can provide to you. We can provide you with legal assistance (as a Litigation Friend) and can arrange representation for you before certain Tribunals and in the Small Claims Court, but we cannot exercise rights of audience in Court, meaning that we have no automatic right to represent you in any open Court without the express permission of the Court. However, we are able to assist you and guide you through the Court process and help you complete Court documents. We aim to provide you with excellent service and if you have any concerns about what we do for you, please let us know and we will try to resolve any problems. But you should know that you would have only limited rights to complain about us to anyone else. The Legal Ombudsman, which can adjudicate on complaints about poor service by practising Barristers and Solicitors, cannot consider any complaint against us because we are Paralegals and therefore, this is beyond their remit.