A record of information about payment history with credit grantors such as stores, banks and credit card companies, and includes information from "public record" (bankruptcies, judgments), which reflect a customer's ability to repay debts. The "credit file" is used by credit grantors for decisions regarding the extension of credit
a detailed report containing information about how you use credit and when you make payments
a history of your payment habits
a report containing information on your credit history and
Credit History Credit Reference Agency Credit Scoring
Every adult has a credit file, maintained by a Credit Reference Agency. Adverse credit details are recorded on credit files, such as defaults, bad payment history or CCJs. Most lenders will automatically do a credit search on applicants by contacting the major reference agencies: Experian Limited or Equifax Limited.
A file containing customer correspondence and statements, credit ratings, credit history, and payment patterns.
The record of your credit history held by a credit reference agency.
A detailed history of money you have borrowed, credit you have used and whether you make bill and debt repayments on time. A credit file may list employment history as well as present and residences.
The collection of information each of the credit reporting agencies maintains in their databases.
A file held by authorised companies with financial history regarding credit applications and credit you have borrowed.
The collection of an individual's credit history, identifying information, and other records maintained by a credit reporting agency. "Credit file" is sometimes used interchangeably with credit report, but technically a credit file is the source from which a credit report is generated.
Your Credit File consists of details of your financial activity in the past, and is held by companies known as Credit Reference Agencies. Your file will include records of applications for loans or credit cards, late payments, defaults, credit searches done by other companies, and other information which the lender can use as part of the Credit Scoring process.
A file that is kept by an agency such as Baycorp Credit Advantage which shows your credit history such as loan applications that were not approved, defaults on loans and bankruptcy. Credit files are kept and maintained by credit agencies and may be accessed by banks and financial organisations if you give permission usually when you make an application for a loan or a credit card. Note that credit files only contain records of negative events. If you have always paid your bills on time and you have never defaulted on a loan or credit repayments, there will be no file on you. It is not good to have a credit file and you should always try and avoid having one. A bad credit file may make it difficult for you to borrow money from a lender.