Credit Card Glossary

Puzzled by credit card jargon? Browse the glossary for the definitions of common and confusing credit card terms.

Credit report

A record of your financial borrowing history created by a credit bureau. It includes your name, date of birth, employment information and Social Security number, as well as information about different credit accounts that you have now and have had in the past. It provides details about the credit amount of each account, when it was opened (and closed), how much you have paid on each account, and whether those payments have been made on time. It includes any data from collection agencies as well as financial information available in the public record, including bankruptcies and liens. It also lists any hard or soft credit inquiries that have been made on the account.