Freephone
Debt Glossary - Credit History
Credit History is a record of a persons past borrowing and repaying, including information about late payments and bankruptcy. Everytime a person applys for credit from a bank, credit card company or retailer their information is forwarded to a credit reference agency. This information is then continuely updated to include the current status of the credit account along with other details such as change of address. All the information contained in a persons credit history is used to calculate their credit rating.
The two main credit reference agencies in the UK are Experian and Equifax. People can obtain a copy of their credit record by applying to these agencies online.
Quick Enquiry Form
For a free consultation with one of our debt advisors simply complete the below enquiry form.