credit history
Loan repayment track
Credit history is the record of how someone has borrowed and repaid money over time.
Lenders, landlords, and employers check credit history to assess reliability: Her excellent credit history helped her qualify for a low interest rate.
A poor credit history—marked by missed payments, defaults, or bankruptcy—makes it harder to borrow money or rent an apartment.
Ability to repay debts
- approvalFavorable opinion given
- underwritingRisk evaluation and acceptance
- interest ratesPrice paid for borrowing
- lenderOne who loans money
borrowing · hard inquiry · soft inquiry · preapproval · risk assessment · FICO score · Equifax · Experian
Criminal or neglectful behavior
- defaultPreset standard option
- bankruptcyLegal status when insolvent
- collectionsGathered groups of items
- charge-offDeclaring debt uncollectible
past due · late payments · missed payments · arrears · settlement · write-off · judgment · financial distress
creditworthiness
Ability to repay debts
- approvalFavorable opinion given
- underwritingRisk evaluation and acceptance
- interest ratesPrice paid for borrowing
lender · borrowing · hard inquiry · soft inquiry · preapproval · risk assessment · FICO score · Equifax · Experian · TransUnion
delinquency
Criminal or neglectful behavior
- defaultPreset standard option
- bankruptcyLegal status when insolvent
- collectionsGathered groups of items
charge-off · past due · late payments · missed payments · arrears · settlement · write-off · judgment · financial distress · debt-to-income ratio
secured card
Deposit-collateralized credit account
- tradelineReported borrowing record
- creditcreditworthiness, creditworthy, FICO, FICO score, microcredit
- credit documentsloan contract, loan estimate, promissory note
- Credit ReportsEquifax, Experian, TransUnion, FICO, FICO score
- personal financesavings, income, investments, bills, auto insurance
- lendingloans, borrower, approval, lenders, bank loan
- credit scoresFICO score, creditworthiness, FICO, Equifax, TransUnion
credit historybad credit
history, credit, credible, credibility, discredit, credits, credited, accredit, crediting