Definitions for credit report
credit report

WiktionaryRate this definition:0.0 / 0 votes

1. credit reportnoun

   A document of the history and current status of a borrower's credit standing, and may include identifying information, credit information, public-records information, recent inquiries and credit score.

WikipediaRate this definition:0.0 / 0 votes

1. credit report

   This article deals with the general concept of the term credit history. For detailed information about the same topic in the United States, see Credit score in the United States.A credit history is a record of a borrower's responsible repayment of debts. A credit report is a record of the borrower's credit history from a number of sources, including banks, credit card companies, collection agencies, and governments. A borrower's credit score is the result of a mathematical algorithm applied to a credit report and other sources of information to predict future delinquency.In many countries, when a customer submits an application for credit from a bank, credit card company, or a store, their information is forwarded to a credit bureau. The credit bureau matches the name, address and other identifying information on the credit applicant with information retained by the bureau in its files. The gathered records are then used by lenders to determine an individual's credit worthiness; that is, determining an individual's ability and track record of repaying a debt. The willingness to repay a debt is indicated by how timely past payments have been made to other lenders. Lenders like to see consumer debt obligations paid regularly and on time, and therefore focus particularly on missed payments and may not, for example, consider an overpayment as an offset for a missed payment.

How to pronounce credit report?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say credit report in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of credit report in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of credit report in Pythagorean Numerology is: 7

Examples of credit report in a Sentence

1. Matt Schulz:

   One of the best ways to improve your credit score is to fix mistakes on your credit report, people would be surprised how often mistakes happen.

2. Matt Schulz:

   It's never been easier to check your credit report and get your credit score, if you haven't done that in the last little while, do it today.

3. Adam Schiff:

   The agency advised those affected to monitor their bank accounts for unusual activity, and to request a credit report along with other safeguards against fraud. The Associated Press, which first reported the breach, cited officials saying that the breach could potentially affect every federal agency. One key question is whether intelligence agency employee information was stolen. This is an attack against the nation, said Ken Ammon, chief strategy officer of software security company Xceedium, who added that the stolen information could be used to impersonate or blackmail federal employees with access to sensitive information. The FBI said in a statement that The FBI was working with interagency partners to investigate the breach, while the DHS said it was continuing to monitor federal networks for suspicious activity and is working aggressively to investigate the extent of the breach. Responding to news of the breach, Congressman Adam Schiff, D-Calif., called on Senate Intelligence Committee to pass cybersecurity legislation passed by the House earlier in the year. This bill will not be a panacea for the broad cyber threats we face, but it is one important piece of armor in our defenses that must be put in place – now.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Credit_Report
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Credit_Report