PhysicalThing: credit history

Lexeme:	credit history Rare (0.02)
Definition:	noun. Credit history refers to a record of an individual's borrowing and repayment activities, including credit cards, loans, and other forms of debt. It provides information about a person's reliability in meeting financial obligations and managing credit. Lenders and financial institutions use credit history to assess the creditworthiness of an individual when deciding whether to grant credit or loans. It typically includes details about the amount of credit borrowed, repayment history, the duration of credit accounts, any defaults or late payments, and public records like bankruptcies or tax liens. A positive credit history can result in better loan terms and interest rates, while a negative credit history may hinder one's ability to obtain credit or loans in the future. GPT3.5 Word Forms: noun. credit history (singular), credit histories (plural)
Synonyms:	(none)
Abstraction:	(hypernym) event (hypernym) history (hypernym) physical thing (hyponym) credit account history
Composition:	(none)
Properties:	(none)
Basic Categories:	activity information billing information credit history information financial information history information identifiable information information personal information
Related Concepts:	(none)
Policy Examples:	Billing Information related to your financial relationship with us, such as the services we provide to you, the telephone numbers you call and text, your payment history, your credit history, your credit card numbers, Social Security number, security codes and your service history. #att We collect information about your credit card or banking information, Social Security Number, and credit history for account opening, management and billing and collection purposes. #tmobile
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