What Does Adverse Credit Mean?

Answer

Adverse credit is a situation where you do not have normal credit. It is a term that is used to describe borrowers who have defaulted and been unable to satisfy the terms of a credit agreement.
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Those with an adverse credit history usually have several negative items on their record, such as late payments and defaulted debts. Each lender determines what risk is acceptable
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An Adverse Credit Remortgage was specially designed for individuals who have a bad or poor credit history. This type of remortgage is the process of paying off one mortgage for the
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All stock has been affected adversely at some
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Normally lenders will offer 3 times salary so thats £75,000. Some will go to 4 times but repayments are high. With adverse credit you can still get a mortgage but interest rates
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adverse credit | Define adverse credit at Dictionary.com
dictionary.reference.com/browse/adverse credit
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