There is a correlation between certain negative credit events and increased frequency of claims. (effectivecoverage.com)
If you experience a significant negative credit event, such as a bankruptcy, you'll likely be compared with other consumers who've experienced something similar for credit scoring purposes. (zenithfg.com)
For example, many of these lenders offer stated income, interest - only, asset - based qualification, recent negative credit events, and so on. (thetruthaboutmortgage.com)