credit rating
credit check, extent of a borrower's ability to repay credit that will be extended to him
Credit rating
A credit rating assesses the
credit worthiness of an individual,
corporation, or even a country. Credit ratings are calculated from financial history and current assets and liabilities. Typically, a credit rating tells a lender or investor the probability of the subject being able to pay back a
loan. However, in recent years, credit ratings have also been used to adjust insurance premiums, determine employment eligibility, and establish the amount of a utility or leasing deposit.
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Credit rating
An evaluation of an individual's or company's ability to repay obligations or its likelihood of not
defaulting (
creditworthiness).
Credit Rating
a published ranking, based on detailed financial analysis by a credit bureau, of one's financial history, specifically as it relates to one's ability to meet debt obligations.
Credit Rating
The evaluation of a person's or businesses' ability and past performance in paying debts. A credit rating is generally established by a credit bureau and used by merchants, suppliers, and bankers to determine whether a loan should be granted or credit extended.
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