A County Court Judgment (CCJ), even if it was from a long time time ago, still has a negative effect on your credit score. Consequently a CCJ can make it harder for you to get a loan. Over time this impact reduces, but some lenders will say ‘no’ even if the judgment was from several years ago.
Tip: ‘Satisfying’ a CCJ means you’ve repaid it in full. You must pay a fee and submit Form N443: Applying for a certificate to show you’ve paid a court order. However judgments are removed from your credit file after six years. If this date isn’t far away, you may be better off biding your time.