Creditworthiness
What Creditworthiness means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Creditworthiness
Check what you remember
Read the wording for your board, then hide it and explain Creditworthiness in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
What banks assess before lending, charging interest based on risk.
Topics that use Creditworthiness
- Types and sources of credit and the impact of credit within the economy (Pearson Edexcel A-Level)
Related terms
- Aggregate demand
- Business investment
- Financial institutions
- Leasing
- Loan
- Overdraft
- Share capital
- Trade credit
Using Creditworthiness in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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