noun
- the quality of being considered suitable to receive credit or loans based on one’s ability to repay debts
Usage: finance; banking
Examples
- The bank will assess your creditworthiness before approving the mortgage.
- Her excellent payment history improved her creditworthiness significantly.
- Small businesses often struggle to establish creditworthiness with lenders.
- The company’s creditworthiness was questioned after the financial scandal.
- A high credit score is a key indicator of creditworthiness.
- The loan officer reviewed his creditworthiness based on income and debt levels.