A
Credit
Adverse Listing
A negative entry on your credit report indicating missed payments, defaults, judgments, or other delinquent credit behaviour. Adverse listings remain on your credit record for a set period (typically 1-5 years depending on the type) and significantly reduce your credit score.
Usage Examples
"The adverse listing for his unpaid cellphone contract stayed on his credit report for two years."
"Even one adverse listing can cause your loan application to be declined or result in a much higher interest rate."
"You can dispute an incorrect adverse listing by contacting the credit bureau directly and providing proof of payment."