Creditworthiness – What does creditworthiness mean?

Individual credit standing, also known as credit standing, acts as the decisive indicator as to whether the applicant, as a borrower, will be able to make interest and principal payments in accordance with the terms of the contract and in compliance with the necessary deadlines. It may be both a private and an institutional applicant…


Credit from the debtor

Credit, as we have seen before, is just an agreement between two parties where one is the creditor and the other is the debtor and today we will also look at the loans directly from the debtor or the borrower. So at the beginning, we need to understand that the debtor is the one who…