ADM Loans

Defaults - ADM Loans

Loans Glossary : Defaults

Defaults are recorded on your credit file when you fail to make repayments on a loan over an extended period, and the lender considers it unlikely that you will make further payments.

Having defaults on your file will certainly make it harder to get credit in the future, but it is by no means impossible.

ADM Loans can arrange loans for those with arrears, defaults and CCJs - see our bad credit loans page for more information.