Adverse Credit History

Categories: Loan and Mortgage,

Also called non-status credit history or impaired credit history. It can be caused by being in default on a previous debt, being more than 90 days late on any debt, bankruptcies or other adverse action on any title iv debt. It is not the same as having a low credit score. plus loans (parent loans for undergraduate students) and graduate plus loans perform a check only for adverse credit history - not for credit score.