credit evaluation
Borrower risk analysis
Credit evaluation is the process of assessing someone's ability and likelihood to repay borrowed money.
Lenders examine income, debt, payment history, and credit scores to determine whether to approve a loan and at what interest rate: The mortgage application required a thorough credit evaluation.
Also called credit assessment or credit analysis.
- creditworthyFit for loans
- scoreNumerical standing in competition
- riskPossibility of harm
- risk assessmentEvaluating likelihood of harm
- lenderOne who loans money
loan officer · approval · assessment · rating · borrower · debt · loan · worthiness · financials · underwriting · hard pull · soft inquiry · default · payment history · history · inquiry · bureau · FICO
credit evaluationrubber stamping
Mechanical endorsement without examination
gut feeling · no questions asked · snap judgment · whim · random selection
credit, evaluation, credits, credited, crediting, creditor, creditors, creditable, discredit