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Refinance and Mortgage Encyclopedia - creditworthiness

Creditworthiness

A creditorThe lending institution providing a loan or credit.'s measure of a consumerAny natural person obligated or allegedly obligated to pay a debt incurred for personal, family or household use.'s past and future ability and willingness to repay debts.

Creditworthiness

The way a lenderThe entity that provides loan funds to the borrower. Depending on the type of loan, the lender may be measures the ability of a personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS ยง38a-1(14)). to qualify and repay a loanTransfers for which the recipient incurs a legal debt and repayment is required over time, with or without.
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