credit history

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Related to Credit reports: Experian, Credit scores

Credit history

A record of how a person has borrowed and repaid debt.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Credit History

A record of one's payment history on current and previous debt. If one makes payments on time and does not acquire an excessive amount of debt, one's credit history is likely to be good. This makes an individual a good risk if he/she wishes to borrow more money. On the other hand, if one has a history of late payments and/or default, the individual is likely to be a bad risk and may be denied credit. One's FICO score is a measure of one's credit history.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

credit history

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

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Your credit score the three-digit number that is based on information in your credit reports is not affected.
There is currently only one channel for public consumers to request their personal credit report - through the CBC's office in Phnom Penh.
By getting convenient access to their credit reports and scores, individuals in the UAE will have more visibility on their credit history and credit worthiness, which will in turn empower them to make smarter decisions about their current and future finances.
About six months later, Miller again obtained his Equifax credit report, and the Dish Network inquiry was still there.
"If public records on credit reports have been a determining factor in the rental decision, then that information will need to come from a different source in order to ensure applicants meet the rental requirements," Fitton says, "That was a best practice anyway, since many relevant public records did not appear on credit bureau reports even before the NCAP changes."
One of the outcomes of the FCRA is that it mandates that the three major credit reporting agencies or credit bureaus: Equifax, Experian, and TransUnion each provide us with a personal credit report once every 12 months.
In a recent opinion, the Ninth Circuit considered a question of first impression among the federal courts of appeal: whether a prospective employer satisfies the Fair Credit Reporting Act's disclosure requirements by providing a job applicant with a disclosure that a credit report may be obtained for employment purposes, which simultaneously serves as a liability waiver for the prospective employer and others.
For example, if you're looking to rent a home, condo, or apartment, your landlord will likely request access to your credit report. Since your credit report is a road map of your financial trustworthiness, a collection, repossession, eviction, or a history of late payments could cause your rental application to be denied.
In fact, regularly checking your credit report is a good way to spot fraud early.
McCarthy Law PLC, with its national footprint, knowledge and resources, is uniquely qualified to make the nationwide eradication of credit report errors a reality.