Definition, Meaning & Synonyms
creditworthy
Adjective
ˈkrɛdɪtˌwɜrði
Definition
Having the financial capability to repay debts and thus worthy of receiving credit.
Examples
- A creditworthy borrower is more likely to secure a loan.
- The bank assessed his financial history to determine whether he was creditworthy.
- Many lenders require proof of being creditworthy before approving a mortgage.
Meaning
A person or entity that is considered reliable in paying back borrowed money.
Synonyms
- Reliable
- Trustworthy
- Solvent
- Financially sound
- Creditable
