Looking to compare remortgages with CCJs - Find the right package here !

Several subjects that will be covered during the report are PPI, credit history and improving it, debt consolidation, APR rates and why this can lead you off track plus much more.

The aim of this short report is to help those with poor credit histories that are looking to get a re-mortgage. Although we don't promise earth shattering savings, by following the simple steps a substantial saving could be made on your monthly mortgage outgoings. With remortgages with CCJs many lenders will just refuse your application instantly. However avoiding refusals and getting low rate acceptances is what our tips will try to accomplish.

Step I : Beware of early redemption penalties ! When you accept a mortgage you enter an agreement with the provider, this covers how long a special interest rate will be applied for. If you want to remortgage and move companies during this time or sometimes for a year or two after some lenders apply charges. Always find out what the penalties are and consider your future requirements.

Step 2 - PPI - PPI has been in the media recently many reporters have claimed that it is expensive and should be avoided. This may be the case it depends on your risk profile. If you have 12 months full pay if sick at work then you may not need cover. If you have no savings then cover may be of benefit to you. If you will be taking payment protection insurance on your remortgage with CCJs then rather than comparing APRs compare the TARs or (Total Amounts Repayable). Because one lender may charge a cheaper APR but a bigger amount for the protection you could be better paying a higher APR and getting the cheaper cover saving money throughout the term.

Step 3 : See if you can improve your poor credit scoring - In many cases finance companies , mail order catalogues , or mobile phone companies make errors and put down late payments incorrectly. Credit reference agencies like Equifax or Experian can be used to rectify these mistakes. You can also remove some forms of County Court Judgements. Detailed ebooks to explain the process can be found at our main website.

Step 4 : Use a remortgages with CCJs specialist broker or independent mortgage adviser. These specialists have lots of experience at helping similar people to you and because of the large number of lenders they can access have the best chance at helping you. Unlike banks these brokers have access to many financial products.

Step 5 : Shop around ! We suggest you compare rates using the internet before accepting any offer. Have a look at the best buy tables and look at what providers interest rates are like for bad credit customers.

Step 6 : Have a budget in mind ! Ensure you can afford the payments even if interest rates rise in the future. Perhaps a fixed remortgage with CCJs would be the best option.

What now ? - Visit CCJs Remortgages

Damian is the owner of many finance related websites. Including mortgage, loans and debt advice. For more information visit http://www.remortgagesupermarket.co.uk