Uncreditworthy

Uncreditworthy

Describing a person or company unable to borrow money. An uncreditworthy person or company may have defaulted on a previous loan, overspent in the past and/or may not have sufficient history to establish credit. Individual creditworthiness is measured by the FICO score, while a company's or other organization's creditworthiness usually is measured by its credit rating.
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It is a bad thing when citizens get to a point where they consider their government dishonest and uncreditworthy. class="MsoNormalThe government, and the country, is better off without GAA.
True negative (TN) represents the number of the instances whose prediction label and teacher target label are uncreditworthy at the same time.
One method would be to pool together a number of countries' risks for their uncreditworthy utilities through a new intermediary body while the rehabilita- tion of utilities is taking place, according to Hajduka.
Nevertheless, the current crisis has shown that financial institutions have proven reluctant to drive uncreditworthy borrowers into bankruptcy.
Anorthosis, the plaintiffs claim, has repeatedly reneged on settlement agreements signed between the two companies, and is thus unreliable and uncreditworthy.
2132-2134)--tricked the modelers' mathematics into predicting low subprime default as the norm for these previously nonexistent home loans, despite a long stream of contrary experience from mortgages granted to borderline-creditworthy borrowers insured by the Federal Housing Administration and the Veterans Administration (not to mention the model's failure to incorporate plain common sense, for 99 percent of the new subprimes were awarded to people who were downright uncreditworthy).
* affordable housing requirements imposed by the Community Reinvestment Act and/or imposed on the government-created housing finance giants Fannie Mae and Freddie Mac, resulting in lending to uncreditworthy borrowers
In addition, Administration underwriting standards will likely cause many parents to be uncreditworthy or ineligible for loans that they would take out for their children.
In both the United States and Europe, greedy, poorly supervised banks made loans to uncreditworthy consumers.
According to von Thadden (2004), this is consequence of a dynamic process where creditworthy clients stay with their main relationship lender while uncreditworthy clients switch to multiple lenders.
Hence loans were made to uncreditworthy borrowers, and then packaged up into complex securities.