credit score
21Credit rating agency — Corporate finance …
22Credit (finance) — Domestic credit to private sector in 2005 …
23credit bureau — a firm that investigates the creditworthiness of and assigns a credit rating to a client s customers or potential customers. Also called credit agency. * * * Organization that provides information to merchants or other businesses concerning the… …
24Credit Worthiness — An assessment of the likelihood that a borrower will default on their debt obligations. It is based upon factors, such as their history of repayment and their credit score. Lending institutions also consider the availability of assets and extent… …
25Credit reference — A credit reference is information, the name of an individual, or the name of an organization that can provide details about an individual s past track record with credit. Credit rating agencies provide credit references for companies while credit …
26Credit Inquiry — A transaction whereby a bank or other credit issuing institution views an individual’s credit report in connection with a loan or credit card application. The purpose of a credit inquiry is to evaluate an individual’s likelihood to… …
27Credit Utilization Rate — An input used in determining a person s credit score. It is the amount of outstanding balances on all credit cards divided by the sum of each card s limit, and it s expressed as a percentage. For example, if you have a $2,000 balance on one card… …
28Credit Agency — A for profit company that collects information about individuals and businesses debts, and assigns a numerical value called a credit score that indicates the borrower s creditworthiness. Creditors and lenders, such as credit card companies and… …
29Credit Application — A request for an extension of credit, either orally or in written form. The request must follow the lender s extension request procedures in order to be valid. The application must legally contain all pertinent information relating to the cost of …
30Credit Watch — A variety of special programs offered by credit rating agencies and financial institutions to monitor an individual s credit report for any credit related changes. A credit watch allows individuals to act on any red flags before they can have a… …
