Credit File

Business, Legal & Accounting Glossary

Definition: Credit File

Full Definition of Credit File

A record of your financial history

Your credit file is a record of your financial activity and is maintained by a credit reference agency.

It contains details of all the applications for credit that you’ve made and the decisions that were made.

If you miss payments or go into arrears, this will be noted on your file, as will more serious entries such as defaults and CCJs.

Positive information is also stored on your file, and so responsibly operating a credit account of some kind can have a beneficial effect on your credit rating.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Credit File. Payroll & Accounting Heaven Ltd. September 22, 2021
Chicago Manual of Style (CMS):
Credit File. Payroll & Accounting Heaven Ltd. (accessed: September 22, 2021).
American Psychological Association (APA):
Credit File. Retrieved September 22, 2021, from website:

Definition Sources

Definitions for Credit File are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020 | 0 Views.