Credit File

A file kept by a credit reporting agency that shows your credit history. Lots of information is recorded on your credit file such as where you have lived, where you have worked, if you owe any money and so on. Lenders will access your credit file to decide if they want to lend money to you. If you have any defaults such as outstanding doctors bill this will be listed on your credit file and is a black mark against you. Every time you apply for credit, be it a mobile phone, credit card or an interest free deal this will be recorded on your credit file. You can get a copy of your credit file for free. Visit