Definition The process of evaluating an applicant's loan request or a corporation's debt issue in order to determine the likelihood that the borrower will live up to his/her obligations. als [..]

The credit check serves to guarantee that the borrower or lessee will be able to meet his financial commitments throughout the term of the contract. It is a part and parcel of proper contract processi [..]

A lender, landlord, employer, or insurer’s inquiry at a credit bureau for the purpose of evaluating the credit history of an applicant.

A credit check is the review of a loan applicant's debt payment history. Lenders perform this review to predict how the applicant will handle the proposed debt obligations.

A credit check is a request for report on a person's credit history. Such a report may contain information about the person's default in payments or court judgments filed by creditors, as we [..]

n. evaluación de crédito, control crediticio (or de historia crediticia)

A credit check is the examination of a person's credit history. If a borrower is 22 years of age or older and is requesting a student loan for the first time, his/her provincial or territorial student financial assistance office may contact the credit bureau and request a credit check.

Most lenders will check an applicant’s credit report to establish the likelihood of them paying back the loan on time. Credit checks are recorded on credit reports and too many credit applications can have a negative effect on the credit score.

A search most commonly invoked by a lender through a specialised company to ascertain if an individual has County Court Judgements (CCJs) or a bad payment history.