Day: July 21, 2019

What determines your credit standingWhat determines your credit standing

What is credit standing? Let’s start from the beginning, so by defining what creditworthiness really is. The creditworthiness determines, on the basis of several factors, the possibility of timely repayment of the obligation, i.e. repayment of the loan installments. It depends on the creditworthiness whether the bank or lending company decides to grant the requested […]