Credit History
In the United States, every person has a score that tells about his past behaviour in terms of paying his debit for other people or other companies.
I am really interested in such thing as I did some research back duing my bachelor study related to that. I and another 2 students did some research to figure out a system that tracks person activities, just like credit score in the US. Possibly, thats the main reason why I am interested in such field.
This number is called credit. The number gets built by banks, mortgage companies and many similar institutions.
Let us say a bank gives you a credit card with a limit of $500. You use their money, and you do not pay it back. The bank will mark your credit by negative points since you did not pay the money back. If you pay it back, they will give you positive points and so on.Mortgage companies just like the bank, if you pay them, they give you good credit.
Wikipedia has a lot of information about Credit History. Now, how can we check the credit report? There are many website that provit credit report check like Annual Credit Report and and spendonlife.com provides a free credit score. Most these sites give 1 month free credit report, and after the first month you have to pay or cancel.
I just checked my credit report, and I had no credit report since i have never ever had a credit card and never ever had a mortgage.