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Impaired Credit |
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Impaired credit Result of a borrower's reduced credit rating. Impaired Credit A credit rating or FICO score that has recently been reduced. A company or individual may have impaired credit if its financial situation changes in such a way that there is a greater likelihood of defaulting on a bond or business or personal loan. Impaired credit makes it more difficult for a company or person to borrow more funds. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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