creditworthy

adjective
cred·​it·​wor·​thy | \ ˈkre-dit-ˌwər-t͟hē How to pronounce creditworthy (audio) \

Definition of creditworthy

: financially sound enough to justify the extension of credit

Keep scrolling for more

Other Words from creditworthy

creditworthiness noun

Examples of creditworthy in a Sentence

Recent Examples on the Web

Along with rule changes made by the Clinton administration to raise homeownership rates, this led to a surge of new mortgages issued to less-creditworthy borrowers. David Z. Morris, Fortune, "The Expiration of This Key Mortgage Rule Could Upend the Housing Market," 26 July 2019 Bank chiefs today want to do more than make loans to creditworthy borrowers. Rachel Louise Ensign, WSJ, "Bank of America Cut Off Private Prisons Weeks After Lending to One," 2 July 2019 Banks have spent much of the past 10 years chasing ultra-creditworthy borrowers. Annamaria Andriotis, WSJ, "FICO Plans Big Shift in Credit-Score Calculations, Potentially Boosting Millions of Borrowers," 21 Oct. 2018 On the revenue side, half the improvement came from a gain on the sale of an asset and accounting gains that stem from Deutsche itself becoming less creditworthy. Paul J. Davies, WSJ, "Another Deutsche Bank Profit Warning, but This Time It’s Good," 16 July 2018 Borrowers are getting slightly more creditworthy, with average credit scores in this year’s securitization pools rising to 588 from 577 last year, according to a Fitch Ratings report from August. Ben Eisen, WSJ, "Investors Rev Up the Risk in Subprime Auto Deals," 1 Dec. 2018 Whatever the truth of Mr. Kavanaugh’s teenage behavior, this is not a creditworthy exercise in advise and consent. Holman W. Jenkins, WSJ, "Sen. Feinstein, Clean Up Your Mess," 25 Sep. 2018 Rewards programs, one of the biggest costs for large card issuers chasing creditworthy customers, are rare. Peter Rudegeair, WSJ, "Fintech Crowd Dives Into Subprime Credit-Card Lending," 13 Aug. 2018 The least creditworthy companies have benefited from low benchmark yields, but if easy money disappears and borrowing costs rise, servicing debt would become more expensive. Bloomberg, latimes.com, "How 3% Treasury yields could reshape the investing landscape," 23 Apr. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'creditworthy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of creditworthy

1840, in the meaning defined above

Keep scrolling for more

Keep scrolling for more

More Definitions for creditworthy

creditworthy

adjective

English Language Learners Definition of creditworthy

: considered able to repay borrowed money

creditworthy

adjective
cred·​it·​wor·​thy | \ ˈkre-dit-ˌwər-t͟hē How to pronounce creditworthy (audio) \

Legal Definition of creditworthy

: likely to be able to repay loans or consumer credit

Other Words from creditworthy

creditworthiness noun