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credit history
(redirected from Credit record)

   Also found in: Acronyms, Wikipedia 0.03 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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Parents can help their college-age children avoid pitfalls and build a strong credit record by emphasizing that credit is a loan that has to be paid back with interest and by helping their child create a budget.
People whose identities have been stolen can spend months or years--and much hard-earned money--cleaning up the mess thieves have made of their good name and credit record.
 
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