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credit history


Definition

A record of an individual's or company's past borrowing and repaying behavior. It will list personal or corporate information, credit lines currently in the person's or company's name, and risk factors like late payments or a recent bankruptcy.

Featured Tip

Two Credit Cards are Better than One, But More Isn't Always BetterDon't have "too many credit cards." There are good reasons to have at least two credit cards, but some people collect a stack of cards, including those from stores and oil companies, several of which ... Read more


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