| Lexeme: |
credit report
Rare (0.02)
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| Definition: |
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noun. A credit report is a detailed record of an individual's credit history. It includes information about their credit accounts, such as loans and credit cards, payment history, outstanding debts, and any negative factors like late payments or accounts in collections. Credit reports are created and maintained by credit reporting agencies, with information sourced from various creditors. Lenders and creditors use credit reports to assess a person's creditworthiness and make decisions about offering credit or loans. GPT3.5
Word Forms:
- noun.
credit report (singular),
credit reports (plural)
- verb.
credit report (simple present),
credit reported (simple past),
credit reporting (present continuous),
credit reports (third person singular)
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