Noun creditworthiness has 1 sense

1. creditworthiness - trustworthiness with money as based on a person's credit history; a general qualification for borrowing
   --₁ is a kind of trustworthiness, trustiness
   

Creditworthiness

Definition: The measure of an individual or a company's capability to repay debts or financial obligations.

Senses:

1. Noun: The assessment of a person's or entity's financial trustworthiness to determine their eligibility for obtaining credit.
   Example Sentence: Banks often rely on creditworthiness as a key factor in approving loan applications.
2. Noun: The overall financial stability and reliability of a business that indicates its ability to meet financial obligations.
   Example Sentence: Suppliers may request a company's financial statements to evaluate its creditworthiness before offering credit terms.

Usages:

• Popular: In personal finance, creditworthiness determines a person's access to credit cards, loans, and mortgages.
  Example Sentence: Improving your creditworthiness can help you secure more favorable interest rates on loans.
• Local: The local credit union assesses creditworthiness meticulously before approving any significant loan requests.
  Example Sentence: The local credit bureau provides creditworthiness reports to help individuals and businesses make informed financial decisions.

Related Products:

• Books on Credit Scores
• Credit Repair Kits
• Personal Finance Software