What is meant by credit history?

Credit history refers to a detailed record that chronicles an individual's or business's borrowing and repayment activity over time. It typically includes information such as the types of credit accounts held (like credit cards, mortgages, and loans), the dates those accounts were opened, the credit limits, payment history, and any delinquencies or defaults. This record is essential for lenders when assessing an applicant's creditworthiness, as it helps them understand how responsibly a person has managed their credit obligations in the past.

The other options provide different concepts that do not accurately represent what credit history entails. For instance, a list of credit card offers is related to the potential credit products available but does not speak to an individual's history of credit use. An assessment of a company's creditworthiness pertains to how lenders evaluate businesses, and an overview of current interest rates offers insights into borrowing costs but is unrelated to an individual's credit performance over time.