credit history

noun

: a record of having borrowed and repaid money in the past
It's hard to buy a car if you don't have any credit history.

Examples of credit history in a Sentence

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If Congress capped rates at 10%, according to some industry observers, card companies would probably stop approving credit cards for anyone whose credit history is spotty or short. Daniel De Visé, USA TODAY, 10 Feb. 2025 Next Nova digitally sends the lender a score that ranges from 300 to 850, the same as FICO’s scale (which is based on credit history). Jeff Kauflin, Forbes, 5 Feb. 2025 Mortgage preapproval involves a more rigorous analysis of a borrower’s credit history and income and requires a hard credit check. Kelsey Neubauer, CNBC, 31 Jan. 2025 Unlike traditional methods of securing funding, RBF providers evaluate a business’s potential and growth prospects rather than solely focusing on credit history or collateral. Chicago Tribune, 14 Jan. 2025 See all Example Sentences for credit history 

Dictionary Entries Near credit history

Cite this Entry

“Credit history.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20history. Accessed 23 Feb. 2025.

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