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Credit standing

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credit standing
reputation one earns for paying debts. credit rating tends to be more quantitative than credit standing.
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Credit standing
Creditworthiness and ability to pay of a debtor / security of a cash receivable.
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[ITDS] The lending of one person's good name or credit standing to a second person with no compensation in order that the second person may borrow money from a third person.

The provisions of the FCRA apply to any report by an agency relating to a consumer's creditworthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living.

All these are debt offerings backed only by the credit standing of the issuer and not secured by collateral. Since there aren't assets that the lender can take if the borrower fails to repay the loan, there is a higher financial risk for the lender.

Bad Credit Car Loans for People Rebuilding Credit Standing
Recovering from a crisis is hard. Very often, these crises leave us with bad credit standing, making borrowing much more hard for them.

requirement under the Corporations Law for companies, listed entities and prescribed interest schemes to disclose to the ASC for public release any <169>material matter<170> which is likely to affect their financial position or credit standing, ...

Credit Rating - A grade assigned to a business concern to denote the net worth and credit standing to which the concern is entitled in the opinion of the rating agency as a result of its investigation.

credit or charge account that is, an account initiated by a creditor on the basis of credit standing.

Credit Report - a report to the lender on the credit standing of the borrower, used to help determine creditworthiness.

A report documenting the credit history and current status of a borrower's credit standing.
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"There are a number of ways thieves can obtain your personal information to get at your money and ruin the good credit standing you've spent a lifetime earning," cautions Sweet.

This would usually be made by a parent company to a subsidiary, and allows the subsidiary to take on the parent's credit standing.

Debt instrument issued by corporations, municipalities or governments. A debenture is a promise to pay interest and repay the principal and is not secured by one or more of the issuer's assets. It is secured only by the issuer's credit standing.

The confirmation represents a definite undertaking by the confirming bank, which obligates itself in the same manner as the issuing bank. It is used to back up the credit standing of the issuing bank and to mitigate risk by replacing a foreign bank ...

could also take more serious enforced collection action, such as levying bank accounts, wages, or other income, or taking other assets. A Notice of Federal Tax Lien could be filed that may have a detrimental effect on a taxpayer's credit standing.

The interest rate, which may be fixed or floating, mainly depends on the credit standing of a borrower. Thus, creditworthy borrowers may find syndication more advantageous. (See also BEST EFFORTS BASIS and SHETTY COMMITTEE.) ...

as any penalties within a certain time or risk default (which could lead to repossession or foreclosure). While being considered delinquent is less serious than defaulting on an obligation, either one may negatively affect a person's credit standing.

See also: Banks, Expense, Bills, Mergers, Creditworthiness

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