A credit history is a record of all the credit transactions a person has made. In other words, based upon your history, she is ensuring you will pay her the money you owe her. Because of your history, she may decide to not lend you the money. Most credit cards are issued by department stores, and other financial service companies. A store may issue clients a credit card to make it easier for them to make purchases in the store.
Most stores only honor their own credit card.
Some credit cards are accepted at several stores. Most credit cards have limits as to how much a person may owe at one time. Most credit cards also have a maximum amount you can charge at one time. In certain cases, a purchase may require another form of credit. Buying a house or a car can cost thousands of dollars.