Adverse credit is a term used to describe individuals with a poor credit history. This may be due to mortgage arrears, defaults, County Court Judgements (CCJs), bankruptcy, Individual Voluntary Agreements (IVAs) and house repossession. Borrowers with elements of adverse credit are offered higher rates than standard.
You can check your credit rating through a credit rating agency such as Experian or Equifax.
Debt Consolidation Explained contains general information only. We strongly advise you to seek qualified professional advice before taking any action.