Definitions for "creditworthiness"
A creditors measure of an individuals or companys ability to meet debt obligations.
This is determined by the creditor based up the particular loan program. It basically means the requirements which must be met for such a loan. Naturally, a good credit history tends to be a factor in meeting those requirements.
The ability, willingness and financial capability of a borrower to repay debt.
trustworthiness with money as based on a person's credit history; a general qualification for borrowing
A creditworthy applicant must have a satisfactory two year credit, residence and employment history, have sufficient current income to meet established criteria, have been in business for at least two years if self-employed and have been a U.S. Citizen or permanent resident and have resided in the U.S. for the preceding two years.
Determination of a consumer's eligibility to borrow money. This information is based on the number of accounts opened, the types of accounts, payment history and account balances.
An assessment of a consumer's past credit behavior that allows a potential lender to decide whether or not to extend credit.
A measure of a consumer's past credit behaviour that allows a potential lender to decide whether or not to extend credit to that consumer.
A description of a consumer's credit behavior and management that leads to a creditor's decision whether or not to make an offer of credit.
Keywords:  repaid, able, future, someone, off
Creditworthiness is whether someone has repaid loans in the past and will be able to pay off loans in the future.