Glossary Of Debt Management & Financial Terms
Credit History
A record of how a consumer has conducted their financial affairs in the past. This is used as a guide as to whether or not the consumer is likely to pay on time in the future.
These details are held with the three main Credit Reference Agencies, Experian, Equifax and Call Credit. They can be accessed by the individual to whom the information relates and also the companies considering providing them with credit facilities.
See Credit Reference Agencies and Credit Blacklist.
