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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Lenders consider your credit score and credit history when offering you loan terms, including your APR. Jasmin Suknanan, CNBC, 28 Oct. 2024 But in consumer complaints, many Tomo users say the credit line never appeared on their credit history. Jeff Kauflin, Forbes, 15 Oct. 2024 Applicants must demonstrate a lack of access to traditional loans due to things like limited credit history or a lack of collateral. Jason Clayworth, Axios, 21 Oct. 2024 Once the loan hasn’t been paid for three months, loan servicers notify the credit reporting agencies that the loan is delinquent, affecting your credit history. Adriana Morga, Los Angeles Times, 6 Oct. 2024 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 24 Nov. 2024.

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