Credit checking refers to the process where a person's financial history and creditworthiness are assessed before they are approved for a loan, credit card, or other financial services. This is done by reviewing their past borrowing and repayment records to determine if they are likely to pay back the money they have borrowed.
Full definition
Synonyms for individual words can be found below.
«credit»
«checking»
Sentences with «credit checking»
- How does a fixed rate and a limited credit check sound to you? (BeverlyHarzog.com)
- Unless a lender is not concerned about the clients, they will promote hard credit check loans or loans that are approved without considering your credit status. (nation21loans.com)
- Did you know that many landlords also require credit checks for renting as well? (mymoneycounselor.com)
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