Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
The record a credit information company holds of your borrowing, carrying a month-by-month payment status for each account and retained for a period the regulations cap.
Every entry is reported by the lender, not by you — so correcting one means getting the lender to report something different, not arguing with the bureau.
A lender checking your credit report because you applied for credit.
Several in a short window looks like distress. Checking your own score is a soft enquiry and does nothing.
Short-term credit offered at checkout, repaid later or in a few instalments, given by a bank or NBFC.
A loan that does not feel like one: it carries fees, late charges and a line on your credit report.