Adverse Credit History
Posted on:2/1/2006
| Adverse Credit History is a credit history that is judged as being adverse as the applicant has a history of unsatisfactory credit transactions. |
Adverse Credit History, also called sub-prime credit history, non-status credit history, impaired credit history, poor credit history and bad credit history, is a credit history that is judged as being adverse as the applicant has a history of unsatisfactory credit transactions. The term can apply to a corporate credit history but is more frequently used in relation to personal credit.