Credit Check definition

Credit Check means an assessment of your creditworthiness, application for credit or ability to manage any existing debt.
Credit Check. An unsatisfactory credit report can disqualify an applicant from renting an apartment home at High Point ▇▇▇▇▇. An unsatisfactory credit report is one which reflects current bad debts, unpaid bills, liens, judgments, or bankruptcies. If an applicant is rejected for poor credit history, the applicant will be informed of the reason for the rejection and the name, address and telephone number of the credit reporting agency from whom the information was obtained. The applicant will not be told of the content of the credit report. An applicant rejected for unsatisfactory credit will receive a copy of their credit report. Criminal Convictions/Current Drug Use: Management will deny residency at this property to anyone having a criminal history that bears a substantial relationship to tenancy, such offenses may include but are not limited to the following:
Credit Check means an assessment of your creditworthiness, application for credit or ability to manage any existing debt. customer means the person who is buying or wishes to buy electricity from Next Business Energy.

Examples of Credit Check in a sentence

  • The NAC portion of the National Agency Check with Local Agency Check and Credit Check (NACLC) investigation must be reviewed by and an interim clearance granted by Defense Industrial Security Clearance Office (DISCO) prior to access to classified information or meetings, or access to Government networks.

  • Perform a Business Credit Check (Experian) – This will show the credit history of the company with details like how fast they pay-back their vendors and annual sales.

  • Step 7 – Conduct a Credit Check (Business + Individual) Unless you are dealing with an established company chances are that you will be dealing with an entrepreneur or small business.

  • Rechnungskauf mit Ratepay shall not be offered to a Customer if the Credit Check has resulted in the ineligibility of the Customer for the intended Customer Contract.

  • Following this, Ratepay will in its own name perform an identity and credit check on the Customer ("Credit Check").

  • Ratepay has the right to perform this Credit Check at its own standards and to rate Customers as eligible or ineligible for Rechnungskauf mit Ratepay.

  • Based on this Credit Check result we may set a Credit Limit for your account and/or require you to pay in advance or to provide such security for payment as we shall determine.

  • Perform an Individual Credit Check (Experian) – It is best to also conduct a credit check on the owner of the business to view income and if they have any financial liabilities that could be separate from the business.

  • Prior to being granted access to DOI IT systems and DOI IFTR in any electronic data or hardcopy format, the Tribe agrees that its employees and employees of its contractors must undergo the appropriate clearance as determined by the position sensitivity rating process, but, at a minimum, a National Agency Check with Inquiries and Credit Check (NACI-C) and ultimately receive a final favorable suitability determination issued by the OST Personnel Security Office pursuant to OMB Circular No. A-130 and DM 441.

  • Whenever you use a Credit Check, it will be charged against your Account as an Advance on the date it is received by us.


More Definitions of Credit Check

Credit Check means a customary credit and background investigation of a Person as typically required by Lender in connection with underwriting a new mortgage loan borrower including, without limitation, performing the following searches as to such Person: (a) judgment, (b) lien, (c) litigation, (d) bankruptcy, (e) UCC filings, (f) civil and criminal records, (g) Patriot Act, (h) “know your customer” and (i) other similar searches as may from time to time be reasonably required by Lender.
Credit Check means a credit report that contains information about an individual's
Credit Check means the extraction of possible adverse financial information on a person from Financial institutions/bureaus
Credit Check means the procedure whereby TCS undertake a credit reference to enable TCS to offer you appropriate credit terms on your trading account with TCS Consultants Ltd.
Credit Check means a Security Screening Check based on results provided by a Canadian credit bureau to determine if the person being checked has any adverse credit information; as part of this check, information collected may include a credit score and any relevant bankruptcies, legal proceedings, collection actions and court orders; information obtained from the check will only be used for the purpose of assessing the person’s clearance status.
Credit Check means confirming the individual’s current credit record standing, credit exposure and detailed consumer related information, as contained on the databases of TransUnion ITC, XDS, Compuscan and Experian.

Related to Credit Check

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Collateral Agent maintained at the office of the Collateral Agent at ▇▇▇▇▇▇ Square North, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ designated as the “Spirit Pledge Account” that shall be used solely for the purposes set forth herein.

  • Letter of Credit Collateralization means either (a) providing cash collateral (pursuant to documentation reasonably satisfactory to Agent, including provisions that specify that the Letter of Credit Fees and all commissions, fees, charges and expenses provided for in Section 2.11(k) of the Agreement (including any fronting fees) will continue to accrue while the Letters of Credit are outstanding) to be held by Agent for the benefit of the Revolving Lenders in an amount equal to 105% of the then existing Letter of Credit Usage, (b) delivering to Agent documentation executed by all beneficiaries under the Letters of Credit, in form and substance reasonably satisfactory to Agent and Issuing Bank, terminating all of such beneficiaries’ rights under the Letters of Credit, or (c) providing Agent with a standby letter of credit, in form and substance reasonably satisfactory to Agent, from a commercial bank acceptable to Agent (in its sole discretion) in an amount equal to 105% of the then existing Letter of Credit Usage (it being understood that the Letter of Credit Fee and all fronting fees set forth in the Agreement will continue to accrue while the Letters of Credit are outstanding and that any such fees that accrue must be an amount that can be drawn under any such standby letter of credit).

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Letter of Credit Payment means any amount paid or required to be paid by the Issuing Lender in its capacity hereunder as issuer of a Letter of Credit as a result of a draft or other demand for payment under any Letter of Credit.

  • Credit and Collection Policy means Seller’s credit and collection policies and practices relating to Contracts and Receivables existing on the date hereof and summarized in Exhibit VIII hereto, as modified from time to time in accordance with this Agreement.