Definition of

Creditworthy

Creditworthy
The idea that someones is "worthy" of credit ... they have enough income or assets to repay a loan.

Example: Sam has a stable job and owns a car, and is thought to be creditworthy. A bank is likely to let Sam borrow money.

But Alex works only part time and has no assets so is not creditworthy. Alex is unlikely to be loaned much money.
See: Credit
 
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