Sentences with phrase «creditworthiness of an individual»

For those who do not know, a credit score is a numerical expression that represents the overall creditworthiness of an individual.

The second customer group that credit bureaus compete for consists of lenders, credit card companies and any individual or business that pulls credit reports to verify the creditworthiness of individuals.

While that's good news for people who have negative tax lien or civil judgment records weighing down their credit scores, lenders lose information that potentially helps them assess the creditworthiness of an individual.

Credit Score: A numerical score used to assess the creditworthiness of an individual or entity.

As a rating that would assess the creditworthiness of the individual, the FICO score comprises five general components that comprehensively describe the financial behavior of the crediting individual based on his credit history and other related transactions.

Lenders may need to assess the creditworthiness of individual borrowers based on their record of payments and their patterns of credit use.

He also participates in the ongoing bond review process, determining where to invest within the fixed income universe and assessing the creditworthiness of individual issues within his sectors.

Credit score is the three digit number used by credit bureaus to measure the creditworthiness of individuals based on the available information in their credit file.

Credit expert Dave Fulk explains why some companies are considering incorporating social media into determining the creditworthiness of individuals.

Instead, the lender will have to rely on the creditworthiness of the individual borrower.

Credit history is a direct indicator of the creditworthiness of every individual.