credit history

Credit history, also known as a consumer report or consumer information, is the information a consumer reporting agency has about:

• the money you’ve borrowed from businesses, such as credit card companies or banks
• the bills that you pay regularly, like your rent or your hydro bill

For example, if you have a mortgage, the credit reporting agency will have detailed information about the money you borrowed and the bills you pay, including:

• the amount of your mortgage or line of credit
• the interest rate you pay on your borrowed money
• the repayment schedule for the borrowed money
• if you paid your bills in full and on time