Credit Standards

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Credit Standards

The guidelines a company follows to determine whether a credit applicant is creditworthy.

Credit Standards

The set of standards that a company or bank uses to determine whether to extend a loan or line of credit to an applicant. Credit standards may include having a certain FICO score, recent good credit history, and a certain income.
References in periodicals archive ?
In terms of credit availability, more than 88 per cent of survey results cited that the credit standard to be unchanged across all the categories, consistent with previous quarters.
Consistent with previous quarters, more than 80 per cent of survey results reported that the credit standard to be unchanged across all the categories.
Fannie Mae chief economist and senior vice president Doug Duncan said, "These current practices and expectations toward easing among lenders compares to a historically relatively tight mortgage credit standard base.
Such results reflect ongoing uncertainty surrounding the global economy as borne out by the reasons given by survey respondents for the ongoing tightening in credit standard, said the credit survey for the third quarter.
details of Credit Standard Bank's violation of the bank regulation which
This comes after the Pension Credit standard minimum guarantee increased this April by the biggest amount since it was introduced, bringing it to pounds 130 a week for single pensioners or pounds 198.
In the left-hand panel, this decline in the credit standard is shown by a movement down the curve [r.
Survey respondents expect further easing in credit standard, though to a lesser extent than recorded in the March quarter.
The BSP said the unchanged overall credit standard reflected bank's continued confidence in the growth of the economy and in industries such as the manufacturing and real estate sectors.
Cypriot banks relaxed their mortgage and consumer credit standards in the fourth quarter of 2017, for the first time since the end of 2014, and are expected to do the same in the current quarter, the Central Bank of Cyprus said.
Athens: Credit standards and the terms and conditions for loans to non-financial corporations (NFCs) remained unchanged.
MANILA, Philippines Local banks continued to tighten their credit standards for real estate loans to corporations in the fourth quarter of 2017, results of a Bangko Sentral ng Pilipinas (BSP) survey showed.