understanding financial jargon
A person with Adverse credit has a poor credit history. A person may still be able to obtain an mortgage even if they have defaults on debts, or county court judgments (CCJ) against them, assuming a lender is happy to take on the higher risk that the person will default on the mortgage.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
We hope you found this information useful.
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