creditworthy


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Related to creditworthy: collateral
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Synonyms for creditworthy

having an acceptable credit rating

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The best-in-class telecommunications and utility data available only from Equifax shows that unbanked consumers who, for example, make regular, on-time payments to wireless carriers, may be creditworthy and reliable customers," Joy Wilder Lybeer, Senior Vice President of Enterprise Alliances, Equifax, said.
htm">Interagency Statement on Meeting the Needs of Creditworthy Borrowers</a>
At the other end of the scale, Southall in west London was the least creditworthy town in the country.
The data, for example, do not account for the possibility that an institution's outreach efforts may attract a larger proportion of marginally qualified applicants than other institutions attract and do not provide a basis for an independent assessment of whether an applicant who was denied credit was, in fact, creditworthy.
And the large merged banks are lending less even to creditworthy borrowers, due to regulatory limitations on the loans that can be allocated to a single borrower.
The Peracchi decision now allows certain creditworthy S corporation shareholders to get additional basis in their S stock simply by issuing an unsecured promissory note to the corporation.
In addition to its current product line, New Penn will expand mortgage originations to creditworthy borrowers who do not fit the government agencies' underwriting criteria - for example, those seeking jumbo loans or second homebuyers and investors.
Privlo said it has expanded into Washington with non-QM mortgages to creditworthy borrowers getting sidelined by traditional banks because of complex incomes.
8, Fannie Mae and Freddie Mac made it official--they were once again in the business of buying low-down-payment loans from creditworthy borrowers.
At this critical time, it is imperative that all banking organizations and their regulators work together to ensure that the needs of creditworthy borrowers are met.
With 335 buildings and more than 32,000 units participating in the Insurent Program, Insurent has gained a reputation as a top resource for owners who seek to close leases quickly with creditworthy parties, and to attract additional creditworthy renters to their respective properties.
This review produced a number of measures aimed at removing impediments that might stand in the way of lending to creditworthy borrowers.
Wells Fargo Bank, a $51 billion commercial bank, has put $1 billion into a loan fund and teamed up with the National Association of Women Business Owners (NAWBO) to hunt for creditworthy female entrepreneurs.
And only those carriers with the very highest ratings and creditworthy characteristics are benefiting from the flight to quality.
A national survey of 311 community banks conducted by the American Institute of CPAs private companies practice section has found 60% are applying more stringent lending standards than one year ago and 9% are turning away creditworthy borrowers.