Credit History
Definition of "Credit history"
History of an individual's credit financial transactions including a detailed payment analysis. The creditor history is critical for performing a credit analysis to develop a credit rating. A credit history record of prompt and timely payments is important for a strong credit rating. A credit history is kept by major credit rating organizations and is accessible for a fee by commercial organizations as well as by individuals under terms of the Consumer Credit Protection Act.
Popular Real Estate Terms
Barrel, reservoir, or tank for storing rain runoff. ...
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Losses arising from damage to or destruction of property. ...
ADU in real estate is an abbreviation for Accessory Dwelling Units. In everyday discourse, you might have encountered the term under the following nicknames: granny flat, backyard cottage, ...
Deterioration in property resulting from its ordinary use and from the aging process. An examples an apartment building that physically deteriorates over the years. ...
Latin term meaning legal capacity to act on behalf of oneself. ...
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