Catknight SG For those people who are experts in finance, please explain what is the meaning of credit worthiness?
TrueHeart SG For those people who are experts in finance, please explain what is the meaning of credit worthiness?Hi Catknight,Credit Worthiness refers to a creditor's measure of how well an individual or an organisation can clear their debts.Here are some factors which Credit companies will take into consideration when they measure Credit Worthiness:http://www.allbusiness.com/legal/consumer-law-consumer-credit-reporting/11742309-1.htmlCheers.
TrueHeart SG does it mean if you are low paid but no debt u are worthyHi Catknight,A lot is dependent on your credit history rather than your pay. Your pay does affect how much you credit you can get though.Cheers.
105090 SG banks, financial institutions etc. remember to always pay your bills in time. never "forget" to pay them don't miss any installments. dont be a bankrupt