creditworthy creditworthy  /ˈkrɛ dɪ ˌtwɜr ði/

Definition(s):

  • (adj) having an acceptable credit rating

Usage(s):

  1. The Bush Administration is working to create a program that would cut down on foreclosures by helping creditworthy borrowers make their monthly mortgage payments.
  2. The idea was to lend to governments that were creditworthy but had no access to rich-country capital markets.
  3. It has stopped financing leases and lends money only to the most creditworthy customers.

News

Quotes

  1. "From the borrower's point of view ...... these changes may feel like a reduction in the supply of credit," he said. "From the lender's point of view, the problem appears to be a lack of demand from creditworthy borrowers."
    on Jun 26, 2010 By: Ben Bernanke Source: Fresno Bee

  2. "Laws shouldn't bail out lenders, laws shouldn't help speculators, the government ought to be helping creditworthy people stay in their homes," Bush said after receiving a briefing from Treasury Secretary Henry Paulson on the housing legislation.
    on May 19, 2008 By: President Bush Source: Reuters

  3. "The recent deterioration in prospects for global growth, together with much more difficult market conditions even for creditworthy borrowers, now present the risk that demand and output could be significantly weaker than earlier expected,"...
    on Oct 6, 2008 By: Glenn Stevens Source: Argentina News

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