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Refinance > Creditworthiness
The following information is about Creditworthiness.
Creditworthiness Defined
Past and future ability to repay debts.
This definition is in context to Refinance. See more contextual defintions for Creditworthiness.
Saudi defaulters owe banks $40b
Published July 5, 2009, 12:06 am, Zawya
05 July 2009 JEDDAH - Saudi businessmen's defaulting debts to local banks are estimated at SR150 billion Saudi ($40 billion), Saudi-based Al-Riyadh daily reported on Saturday citing economists who blamed flawed lending procedures and the kingdom's central bank for the problem.
PRESS RELEASE: Fitch Affirms Optima Faktoring At BBB-(tur)
Published July 3, 2009, 8:08 am, Nasdaq
Fitch Ratings-London/Istanbul-03 July 2009: Fitch Ratings has today affirmed Turkey-based Optima Faktoring Hizmetleri A.S.'s (Optima) National Long-term rating at 'BBB-(tur)' with Stable Outlook.
PRESS RELEASE: Fitch: Nigeria At 'BB-'/'BB', Outlook Stable
Published July 3, 2009, 3:52 am, Nasdaq
Fitch Ratings-London-03 July 2009: Fitch Ratings has today affirmed the Federal Republic of Nigeria's Long term foreign and local currency Issuer Default Ratings (IDR) at 'BB-' and BB' respectively. The Outlook is Stable.
Accounts Receivable Factoring is Bailout Option for Many Small Businesses in the U.S.
Published July 3, 2009, 12:13 am, PRWeb
The Interface Financial Group (IFG), North America's largest alternative funding source for small business, reports that accounts receivable factoring can aid small businesses with the current economic downturn, becoming their own bail-out plan. The small Business Administration reports small business owners create seven out of ten new jobs in the United States. IFG's factoring services can help ...
Accounts Receivable Factoring is Bailout Option for Many Small Businesses in the U.S.
Published July 3, 2009, 12:01 am, PRWeb via Yahoo! News
The Interface Financial Group (IFG), North America's largest alternative funding source for small business, reports that accounts receivable factoring can aid small businesses with the current economic downturn, becoming their own bail-out plan.
BBB advises small-business owners against using shelf corporations to attain loans
Published July 2, 2009, 3:41 pm, Anderson Independent-Mail
While businesses find it increasingly difficult to qualify for loans and lines of credits, some small-business owners are resorting to applying for loans using the façade of shelf corporations.
U.K. Considering Clampdown on Credit Cards, Doorstep Lending
Published July 2, 2009, 2:38 am, Bloomberg
July 2 (Bloomberg) -- Gordon Brown ’s government is looking at tightening rules covering credit card lenders as British consumers struggle with mounting debts in the recession.
How German Banks Are Cashing In On The Financial Crisis
Published July 1, 2009, 8:47 pm, Free Internet Press
Germany's central banks are making trillions in unusually cheap money available to banks in a bid to restore liquidity to the financial system. But institutions are not passing on the cash to their customers, choosing instead to invest it and make a fat profit.
Fitch Rates Idaho Housing & Finance Association's 2009 Series A Single Family Bonds; Stable Outlook
Published July 1, 2009, 1:45 pm, Business Wire via Yahoo! Finance
NEW YORK----Fitch Ratings has assigned the following ratings to Idaho Housing and Finance Association's single-family mortgage bonds, 2009 series A:
Bank Woes Deepening in Europe
Published July 1, 2009, 12:36 pm, New York Times
When the financial crisis struck the global economy last autumn, European governments moved swiftly to keep their biggest banks from falling into an abyss — never mind fears over nationalization.
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