Credit Report
A record of a consumer's borrowing and repayment history, compiled by a credit bureau.
That same file can later be requested by lenders, by landlords, by employers, by insurance companies, and by government agencies, so the stakes outlast any single purchase.
Often confused with
- Credit Score
- The report is the record of what you did; the score is the number summarizing it.
Taught in
See also
3.2.B.2 · 3.2.B.3 · 3.2.B.4