Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Bad Credit Rating
Individuals classed as having a bad credit rating will typically have faltered on a number of credit agreements in the past and/or have no credit history for which a lender can benchmark against.
