Credit history
Credit reports contain your payment history and qualify its economic solvency. This information is used to calculate your credit score FICO, i.e. the level of risk you represent for a creditor.
In addition, creditors, employers, insurers and other companies buy these reports to determine:
What amount of money can pay you or not
What interest rate will be charged you
If you pay your bills on time
If you have been sued
If you have ever declared bankruptcy
Check your credit reports