With your credits scores, banks and lenders determine whether you are
worthy of a line of credit such as a mortgage, personal loan, or credit card.
Not exact matches
Many lenders offer
credit -
worthy clients an equity loan or
line of credit to cover a portion
of their downpayment.
A consumer report or
credit report will determine whether you are
credit -
worthy, when you go to get a loan or a
line of credit for any purpose.
Your
credit score will help underwriters determine whether you are
credit worthy for a new loan or
line of credit.
It is a safe and secure way to build
credit so you can prove to lenders that you're
worthy of larger loans down the
line.
These
lines of credit can provide a business with cash reserves to meet day - to - day expenses and do not require collateral as long as the business is deemed
credit -
worthy by a lender.
They want to see how well you handle borrowing money, and whether or not you're going to be
worthy of receiving a new
line of credit.
So a better way
of saying that is that they want to know if you're
worthy of a $ 5,000
credit line.