Credit criteria can also include the number of open accounts with other creditors and the borrower's standing with each one. Any single credit criterion can be used to deny credit to the prospective borrower, but the lender must obey all laws of the credit protection act. Race, age and gender are not acceptable criteria for acceptance or rejection of credit.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
credit underwriting — UK US noun [U] FINANCE, BANKING, INSURANCE ► the process by which a financial organization decides to accept the risk of lending to a particular person or company: credit underwriting criteria/guidelines/standards »Competition in the mortgage… … Financial and business terms
Credit rating agency — Corporate finance … Wikipedia
Credit risk analyst — Mit informellen Insolvenzprognoseverfahren werden Insolvenzprognoseverfahren bezeichnet, bei denen menschliche Kreditanalysten Insolvenzprognosen auf Basis ihrer Intuition und persönlichen Erfahrung erstellen. Dabei stehen ihnen gegebenenfalls… … Deutsch Wikipedia
Credit history — This article deals with the general concept of the term credit history. For detailed information about the same topic in the United States, see Credit score (United States). Credit history or credit report is, in many countries, a record of an… … Wikipedia
Credit channel — The credit channel mechanism of monetary policy describes the theory that a central bank s policy changes affect the amount of credit that banks issue to firms and consumers for purchases, which in turn affects the real economy. Contents 1 Credit … Wikipedia
Credit Support Annex — A Credit Support Annex, or CSA, is a legal document which regulates credit support (collateral) for derivative transactions. It is one of the four parts that make up an ISDA Master Agreement but is not mandatory. It is possible to have an ISDA… … Wikipedia
Credit Quality — One of the principal criteria for judging the investment quality of a bond or bond mutual fund. As the term implies, credit quality informs investors of a bond or bond portfolio s credit worthiness, or risk of default. Also known as a bond rating … Investment dictionary
Mobile Emission Reduction Credit (MERC) — A Mobile Emission Reduction Credit (MERC) is an emission reduction credit generated within the transportation sector. The term “Mobile Sources” refers to motor vehicles, engines, and equipment that move, or can be moved, from place to place. [ US … Wikipedia
Mobile emission reduction credit — Energy portal A mobile emission reduction credit (MERC) is an emission reduction credit generated within the transportation sector. The term “mobile sources” refers to motor vehicles, engines, and equipment that move, or can be moved, from place… … Wikipedia
Multi-criteria decision analysis — Multiple criteria decision making or multiple criteria decision analysis is a sub discipline of operations research that explicitly considers multiple criteria in decision making environments. Whether in our daily lives or in professional… … Wikipedia