Creditworthiness assessment definition

Creditworthiness assessment means the evaluation of the prospect for the debt obligation resulting from the credit agreement to be met.

Creditworthiness assessment means the evaluation of a consumer’s ability to meet his debt obligations.

Creditworthiness assessment means the procedure as set forth in Chapter 4 which shall be used to determine the level of financial security which Applicant will provide to Eustream and/or to MGT in connection with its bid.

Examples of Creditworthiness assessment in a sentence

• Creditworthiness assessment should be standardised as much as possible, which means that the guidelines should be more detailed to limit creditors' margin of manoeuvre.Verification of the consumer’s income.

• Creditworthiness assessment When deciding on whether or not to grant a loan or a credit facility to a consumer, a lender has to assess the creditworthiness of its potential borrower, i.e. he must examine the individual’s ability to meet his or her financial commitments to repay the loan.

• The course includes a review of the account- ing cycle and a detailed exploration of the reporting process, namely, the Statement of Financial Position, the Statement of Income, the Statement of Retained Earnings and the Statement of Cash Flow.

• This report should, at a minimum, include: • Business and Principal history, • Financial Statement or, at a minimum, a Financial Statement Summary, • Creditworthiness assessment based on past performance, • Details of any public filings, such as suits, judgments, liens, bankruptcies, UCC filings, etc., • Payment history, and • Description of affiliated companies and branches.

• Creditworthiness assessment is based on the accumulated assets of the applicant.31 see Other carving groups.

More Definitions of Creditworthiness assessment

Creditworthiness assessment means the evaluation of the prospect for the debt

Creditworthiness assessment means the procedure as set forth in Chapter 4 which shall be used to determine the level of financial security which Applicant will provide to Eustream in connection with its bid.

Creditworthiness assessment means the evaluation of the prospect for the debt obligation resulting from the credit agreement to be met; “foreign currency loan” means a credit agreement, where the credit is- (a) denominated in a currency other than that in which the consumer receives the income or holds the assets from which the credit is to be repaid, or (b) denominated in a currency other than that of the Member State in which the consumer is resident; “Republic” means the Republic of Cyprus; “advertisement” means any form of communication broadcast whether in return for payment or for similar consideration or broadcast for self-promotional purposes by a public or private undertaking in connection with a trade, business, craft or profession in order to promote the supply of goods or services, including immovable property, rights and obligations and includes any form of advertising published either on the radio or the television, with an exposure of advertisements, signs, inscriptions, posters or merchandise with the distribution of samples, circulars, catalogues, pricelists or other material, with the exhibition of photographs, models or cinematographic films or by any other way and any reports on the publication of advertisements will be interpreted accordingly; "Court" means a court of competent jurisdiction; “EBA” means the European Supervisory Authority (European Banking Authority) established by virtue of the Regulation (EU) N. 1093/2010; “Contingent liability or guarantee” means a credit agreement which acts as a guarantee to another separate but ancillary transaction, and where the capital secured against an immovable property is only drawn down if an event or events specified in the contract occur; “Bridging loan” means a credit agreement either of no fixed duration or which is due to be repaid within 12 months, used by the consumer as a temporary financing solution while transitioning to another financial arrangement for the immovable property; “appointed representative” has the meaning attributed to this term by the Directive 2017/14/EU; “European Commission” means the Commission of the European Communities;

Creditworthiness assessment means the evaluation of a consumer's ability to meet his debt obligations.

Creditworthiness assessment means the evaluation of the prospect for the debt obligation resulting from the housing loan agreement to be met by the borrower in a due and timely manner.

Creditworthiness assessment means the evaluation of a consumer's ability to meet his debt obligations resulting from the credit agreement.

Creditworthiness assessment means the evaluation of a consumer's ability to meet his debt obligations, based on objective information regarding his or her individual circumstances.