Skip to content
SourceLaw Dictionary Browse Letter C

Credit History

Legal definition for Indian law research

Definition

credit history


a record of an individual that lists all debts and the payment history for each. The report that is generated from the history is called a credit report. Lenders use this information to gauge a potential borrower's ability to repay a loan.



Source: U.S. Department of Housing and Urban Development


Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial