Credit Report

A credit report is a document supplied by a bank or a credit reporting agency that summarizes an entity’s credit history and present financial position, and notifies about any lien in force or pending judgments (s) against the entity.



Credit is the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

(2) an entry recording a sum received, listed on the right-hand side or column of an account.