Difference between revisions of "Credit History"
From Open Risk Manual
Wiki admin (talk | contribs) |
(No difference)
|
Latest revision as of 14:39, 1 September 2020
Definition
Credit History refers to the track record established by a borrower while managing credit and making payments over a period time.
In current practice credit history is captured in a Credit Report consisting of information provided by lenders that capture relevant behavioral data points.