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Definitions from the Web

Credit-Based

Definition

Credit-based refers to a system or process that relies on the evaluation and assessment of an individual's creditworthiness, financial history, or reputation in order to make decisions or provide services.

Examples

Adjective

1. The bank offers credit-based loans to eligible customers.
2. In a credit-based economy, your financial management skills play a crucial role.

Noun

1. Your credit-based score is an important factor in determining loan approvals.
2. I applied for the credit-based program and was awarded a scholarship.

Verb

1. The lender credit-based my application to determine the interest rate.
2. We credit-based the customer before providing a substantial loan.

Related Products

To learn more about credit-based systems, financial management, and credit scores, you may find the following products helpful:

• Credit Scores Books on Amazon
• Credit Management Tools on Amazon