Credit Card Icon

1. What Is Credit History?

Credit history documents your experiences with different loans, credit cards, utility accounts and more. It includes you past and current credit accounts, as well as applications for new credit, defaults, bankruptcies and some payment history.

Lenders use credit history to help decide whether or not to approve your applications to borrow more money, so it is important to have a clear understanding of what it is and how it works. This section providers a thorough overview of credit history through the following topics:

  • Understanding credit reports
  • Credit scores
  • Information included on credit reports
  • Different credit reporting bodies
  • Who can access your credit history
  • Why you should review your credit history