What is a bad credit history?


Bad credit
history, also called sub-prime credit history, non-status credit history, impaired credit history, poor credit history, and bad credit history, is a negative credit rating. A negative credit rating is often considered undesirable to lenders and other extenders of credit for the purposes of loaning money or capital.

Source: Wikipedia

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Links:
en.wikipedia.org/wiki/Adverse_credit_history
ivillage.co.uk/newspol/camp/debt/articles/
rabbit.eng.miami.edu/students/gmwproject/…/Bad-Credit-History.html
www.ehow.com/how_4757_repair-credit-history.html

Hope this helps!

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