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Summary

When do have an "adverse" credit rating? The situation is far from clear but this article sheds light.


Adverse Credit - When is a credit history described as "adverse"?

Author : Michael Challiner

The term Adverse Credit is used to describe borrowers who have a history of unsatisfactory credit transactions. The expressions "sub-prime" and "poor credit" describe exactly the same situation. This begs a number of questions; what credit information is used, where does the information come from and how poor must a credit history be for it to be labelled as "adverse"?
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