Adverse credit is credit which has not been paid or paid when agreed.  Some examples of adverse credit include; County Court Judgments (CCJ's), mortgage arrears, and payment defaults.

Personal details and information provided by the Consumer about their current financial situation. This information is used by the Brokerage to make an informed assessment on the client.

APR stands for Annual Percentage Rate and it is a standard calculation that all Lenders have to use within the industry.  The APR is a measurement of the total cost of borrowing money, including interest charges and product fees shown as a percentage, which makes it easier to make a fair comparison between different mortgages or loans on offer.  The APR must be the most prominent piece of financial information shown on any credit advert.

The process of using specialised online credit search facilities to identify an applicant's credit status.  Many Lenders will use a point scoring system allocating varying points for different pieces of personal information such as age, credit history, time in employment, income, etc.  An acceptance score may be set by the Lender.  The growth in automated technology has led to a huge increase in autoscoring systems.  However, in the secured loan marketplace many Lenders also use manual underwriting systems to ensure that every application has a reasonable chance of being accepted.