credit reference

credit reference
a) A person or business that can be contacted to validate or vouch for the credit applicants ability to pay outstanding balances in a timely manner.
b) The credit history of a person used as evidence of creditworthiness.

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  • credit reference — UK US noun [C] ► FINANCE, BANKING a report that provides information about a person s or company s ability to pay their debts: »The bank cannot decide which rate to offer a customer until it has received an application and can seek a credit… …   Financial and business terms

  • Credit reference — A credit reference is information, the name of an individual, or the name of an organization that can provide details about an individual s past track record with credit. Credit rating agencies provide credit references for companies while credit …   Wikipedia

  • Credit Reference — A credit reference can be a report from a credit agency for either a business or an individual. The term can also be used to mean a letter from a bank or other financial institution with whom a company has done business, confirming to third party …   Investment dictionary

  • credit reference agency — A credit reference agency is a business, which collects information on the financial standing of individuals with the specific intention of making the information available to others. A licence under the Consumer Credit Act 1974 is required if… …   Law dictionary

  • credit reference agency — UK US noun [C] UK FINANCE ► CREDIT BUREAU(Cf. ↑credit bureau) …   Financial and business terms

  • credit-reference agency — noun An organization that specializes in providing credit ratings • • • Main Entry: ↑credit …   Useful english dictionary

  • credit-reference agency — / kredɪt ˌref(ə)rens ˌeɪdʒənsi/ noun a company used by businesses and banks to assess the creditworthiness of people …   Marketing dictionary in english

  • credit-reference agency — / kredɪt ˌrefər(ə)ns ˌeɪdʒənsi/ noun a company used by businesses and banks to assess the creditworthiness of people …   Dictionary of banking and finance

  • Credit rating — of governments around the world by Standard Poor s:   AAA …   Wikipedia

  • reference — ref‧er‧ence [ˈrefrəns] noun [countable] 1. with reference to formal used to say what you are writing or talking about, especially in business letters: • With reference to your recent advertisement, I am writing to apply for the post of sales… …   Financial and business terms

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