creditworthy

adjective
cred·it·wor·thy | \ ˈkre-dit-ˌwər-t͟hē \

Definition of creditworthy 

: financially sound enough to justify the extension of credit

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Other words from creditworthy

creditworthiness noun

Examples of creditworthy in a Sentence

Recent Examples on the Web

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 Investors Fannie Mae and Freddie Mac are allowing lenders to say yes to creditworthy buyers with DTIs as high as 50 percent — up from the previous 45 percent limit. Kenneth R. Harney, miamiherald, "Homebuyers can reap bargains thanks to growing lender competition," 4 June 2018 On average, black, Hispanic and Asian-American customers paid from $200 to more than $300 more for auto loans than did whites who were equally creditworthy, federal officials charged. Renae Merle, chicagotribune.com, "Senate poised to roll back watchdog effort to prevent auto-lending discrimination," 18 Apr. 2018 On average, black, Latino and Asian American customers paid from $200 to more than $300 more for auto loans than did white customers who were equally creditworthy, federal officials alleged. Washington Post, latimes.com, "Senate poised to kill CFPB effort to prevent racial discrimination in auto loan market," 17 Apr. 2018 Data can help determine whether a loan applicant is creditworthy or fraudulent. Ally Marotti, chicagotribune.com, "Technology jobs in the Chicago area are up, but that's not the whole story," 30 Mar. 2018 Private student lenders target the most creditworthy borrowers. Annamaria Andriotis, WSJ, "Banks Want a Bigger Piece of Your Student Loan," 7 Mar. 2018 After the European fiscal crisis of the early 2010s, Italy’s government enacted austerity policies to reassure international investors that the country was creditworthy. Washington Post, "Italy just voted for two very different kinds of populism," 28 Mar. 2018 By forcing banks to pony up their borrowers’ credit scores, debt-to-income ratios, and other data, regulators could see when banks were systematically treating equally creditworthy borrowers differently, on the ostensible basis of race. Eric Levitz, Daily Intelligencer, "Democrats to Gut Banking Regulations, for Bipartisanship’s Sake," 6 Mar. 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.

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First Known Use of creditworthy

1840, in the meaning defined above

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Last Updated

12 Sep 2018

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Time Traveler for creditworthy

The first known use of creditworthy was in 1840

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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 \

Legal Definition of creditworthy 

: likely to be able to repay loans or consumer credit

Other words from creditworthy

creditworthiness noun

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