Adverse Credit

At Elmham Financial, our advisers are considerate and supportive towards borrowers who have suffered previous credit issues.

As whole of market advisers, we are able to research a wide range of lenders, some of which take a more accommodating approach to borrowers who have experienced credit problems in the past.

What is adverse credit?

There are many ways in which an individual can suffer credit problems. The list below gives examples but is not exhaustive.

  • Bankruptcy
  • Defaults
  • Late payments
  • Debt management plans (DMP’s)
  • County court judgements (CCJ’s)
  • Arrangements to pay
  • Individual voluntary arrangements (IVA’s)
  • Debt relief orders

If you have concerns regarding your credit, our advisers are happy to answer any questions.