Wiktionary
n. 1 A person or business that can be contacted to validate or vouch for the credit applicant's ability to pay outstanding balances in a timely manner. 2 The credit history of a person used as evidence of creditworthiness.
Wikipedia
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 bureaus provide credit references for individuals.
Other letters of credit reference might be written by banks, which would provide basic information about how long the applicant has held an account, what type of account it was, and whether or not there were any overdrafts or late payments noted.
Individuals and companies can carry out credit checks on businesses in order to assess their credit worthiness
Usage examples of "credit reference".
The following morning, he got the report from the Credit Reference Library.
He took to using my company name as a credit reference, and I had my lawyer write him a letter, after which he took to using my lawyer's name as a credit reference.
Asham Barenblatt offered to use his credit reference, but Barry was already on the phone giving his.
That fed look, the oversize sweatshirt, teeth so straight and white they could be used as a credit reference.