creditworthy

American  

[kred-it-wur-thee] / ˈkrɛd ɪtˌwɜr ði /

adjective

1. having a satisfactory credit rating.

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creditworthy British  

/ ˈkrɛdɪtˌwɜːðɪ /

adjective

1. (of an individual or business enterprise) adjudged as meriting credit on the basis of such factors as earning power, previous record of debt repayment, etc

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Other Word Forms

• creditworthiness noun

Etymology

Origin of creditworthy

1555–65, for an earlier sense; credit + -worthy

Example Sentences

In the traditional model, developers and external investors—often infrastructure funds and banks—took on the risk of developing and constructing the project, with financing backstopped by the creditworthy tech company’s power purchase agreement.

From The Wall Street Journal

In general, a higher credit score lowers the borrower’s mortgage rate, because it signals to the lender that the borrower is creditworthy and will pay back their loan.

From MarketWatch

That is, the lenders were making loans to people who were less creditworthy than 71 percent of the population.

From Literature

Likewise, recent headlines have highlighted trouble for some less creditworthy “subprime” borrowers on their car loans.

From The Wall Street Journal

This change, in theory, will allow lenders to apply criteria that are the best fit for their communities and expand the pool of creditworthy borrowers.

From Seattle Times

Related Words

• approved
• certified
• proved