Good credit definition

Good credit means that you pay your bills on time and you repay your loans as promised. A good credit record will enable you to take out a loan if you want to buy a car or house or start a business someday. Many employers check credit reports, so good credit may even help you land your dream job one day.
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Good credit means that you can be trusted to make your loan payments on time to repay the money you owe. If you have a good credit record, it will be easier to borrow money in the future.
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Good credit means you:
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Examples of Good credit in a sentence

  • Bto adverse changes in business, economic, or financial BBB+ BBB BBB- Good credit quality.

  • This capacity may, nevertheless, be more vulnerable to adverse business or economic conditions than is the case for higher ratings.BBB: Good credit quality.

  • Good credit policy is essential to carry out the business of lending more effectively.

  • BBB: Good credit quality.‘BBB’ ratings indicate that expectations of default risk are currently low.

  • Good credit is an asset when applying for other credit, such as a home mortgage or car loan.

  • Good credit is established when the customer pays the bills rendered within 30 days of receipt of the bill.

  • Type of Deposit (check one): □ New □ Transfer □ Good credit establishedNon-Residential utility deposits are determined, when billing history is available, by reviewing the location billing history to see what RMU's actual exposure is for a two month period for a like business.

  • Good credit is the lifeline of almost any business and - as was demonstrated in the Brazilian model- can provide a powerful influence to improve corporate practices.Insurers too have recognised the numerous systemic risks that slavery in supply chains poses.

  • Good credit will be required, credit score under 600 will be denied.

  • Good credit is very important when applying to purchase such things as a car or a house.

Related to Good credit

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.