What types of information are included in a credit report?

A credit report typically includes detailed information about an individual's borrowing and repayment history, which is essential for creditors to assess creditworthiness. This report includes payment history, reflecting how timely a person has been in making payments on loans, credit cards, and other debts. Additionally, it features inquiries, which show instances where the credit report has been accessed by lenders or other entities for various purposes, such as loan applications or credit card use. This information forms the foundation for determining credit scores, influencing how lenders view an applicant's reliability and potential risk.

The other options do not accurately reflect what is included in a standard credit report. Medical history and records pertain to health-related information and are not relevant to credit assessments. Consumer buying habits are more aligned with spending patterns, which are not typically captured in credit reports. While annual income and asset details are important for financial assessments, they are generally not included in a credit report; lenders may request them separately during the borrowing process. Thus, the inclusion of payment history and inquiries is what makes the answer correct in the context of a credit report.