Real Estate Glossary | What is Credit History??

Q: What is Credit History?

Credit history is a record of a person's borrowing and repayment activity. Credit history is used by lenders and other financial institutions to assess a person's creditworthiness, or their likelihood of repaying a debt. Credit history is typically based on information that is reported to credit bureaus, such as credit card balances, loan payments, and bankruptcies. Credit history is an important factor in determining a person's credit score, which is a numerical representation of their creditworthiness.

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Beycome Corp. works with real estate brokerages licensed to do business in multiple states across the country. Beycome Brokerage Realty LLC d/b/a beycome.com is a real estate brokerage licensed to do business in AL, GA, IL, MI, MN, NC, SC and TX. Beycome of Florida LLC d/b/a beycome.com is a real estate brokerage licensed to do business in Fl. Beycome of Connecticut LLC d/b/a beycome.com is a real estate brokerage licensed to do business in CT. A list of our licenses is available here.

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