Finance & Banking

Credit history

ˈkredɪt ˈhɪstəri

noun

What does Credit history mean?

Your record of borrowing and repaying.

Example sentence

"New immigrants start with no credit history."

American usage tip

Secured cards help build history from zero.

Related Finance & Banking words

Brokerage
An account for buying stocks and funds.
401(k)
An employer retirement account with tax benefits.
Credit limit
The maximum you can borrow on a card.
Budget
A plan for income and spending.
Index fund
A fund tracking a whole market index.
Checking account
The everyday account for spending and bills.
ITIN
Tax ID for those not eligible for an SSN.
Credit freeze
Locking your credit file against fraud.

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