Your credit history is a record of how you manage borrowed money. It includes details about your credit cards, loans, and any payments you've made. Lenders use this information to decide if they should give you money or a mortgage. A good credit history shows that you pay your bills on time, while a poor one can make it harder to borrow. Your credit history is tracked by credit bureaus, which collect data from various sources. They create a credit report that lenders review when you apply for credit. Keeping a positive credit history is important for your financial future.