What is the best definition of a credit report? A period of time between when you spend money and when the company charges you interest A number that shows a snapshot of your credit at a specific moment in time A history of how you pay back loans and credit cards A number that shows how much of your overall credit youre using

The best definition of a credit report is: "A history of how you pay back loans and credit cards." Explanation: - Option A describes the grace period, not a credit report. - Option B refers to a snapshot number, which is more like a credit score, not the report itself. - Option D relates to credit utilization, a component that might be found in the report, but it’s not the definition of the credit report as a whole. - Option C correctly captures the essence of what a credit report is—a detailed history of your credit behavior including loans, credit cards, payment history, and other relevant information over time.