payment history

Definition

A record of monthly payment status on individual's credit report listed since the time the accounts were established. A payment history is an indication for lenders and creditors whether an individual is a lending risk due to a history of late or missed payments.

Related Videos




http://www.businessdictionary.com/definition/payment-history.html

Today's Top Bulls

73% Bullish
(37 Votes)
70% Bullish
(104 Votes)
68% Bullish
(76 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z