Health Financial Marketing Technical Personal Identifiable
Lexeme: credit history information  
Very Rare (0.01)
Definition:
  1. noun. Credit history information refers to a record of an individual's past borrowing and repayment activities. It includes details such as the types of credit accounts held, the duration of credit relationships, the amount borrowed, and the timeliness of repayments. Credit history information is typically maintained by credit bureaus and is used by lenders, landlords, and other organizations to assess an individual's creditworthiness and reliability when it comes to repaying debts. A positive credit history with a history of timely payments can improve an individual's credit score and make it easier to obtain credit in the future, while a negative credit history with delinquencies or defaults can make it more challenging to access credit or result in higher interest rates. GPT3.5
Word Forms:
  • noun. credit history information (singular), credit history information (plural)
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