Bad Credit - Cheap Mortgage Deals

Credit Problems due to a past history of adverse credit result in a Bad Credit history. CCJs, Mortgage Arrears and other debt repayment problems leads to a Bad Credit Rating. Bad Credit is more of an American term with the UK more commonly using Poor Credit.

When used to describe: Bad Credit Mortgages or Bad Credit Loans it means Mortgages or Loans for people with Credit Problems or a Poor Credit History.

The adverse history of each applicant will differ but generally the categories are; Light Adverse, Medium Adverse, Heavy Adverse. These form the basis criteria for future lending, depending on amongst other things, how many CCJs are on record.

You can check your credit history by contacting a credit reference agency. The biggest in the UK are Equifax and Expeiran click here if you would like to find our more about your credit history.