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Which term describes the ability to repay debt?

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User Zachscs
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2 Answers

3 votes
The term is creditworthiness.
answered
User Parag Diwan
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Answer: Creditworthiness

Explanation:

Creditworthiness is known to show or describe the ability of an individual to repay a loan or debt. Thus, this is usually as stated by the term of agreement of the financial obligation. Hence, creditworthiness depends on the credit history and credit score of the borrower.

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User Matt Rees
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