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credit history

   Also found in: Wikipedia 0.02 sec.
Credit history
A record of how a person has borrowed and repaid debt.

credit history

An individual's history and experience regarding repayment of loans and use of revolving credit such as credit cards.



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Credit history affects home- and car-loan rates, employment and insurance, and it can determine how we sleep and how healthy we are.
Doing so will allow potential lenders to see that you have a solid credit history, which is how they determine the interest rate to offer you.
If you think your credit history is unimportant, you're wrong.
 
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