Meanings of creditworthy borrowers in English

It also started offering loans to less creditworthy borrowers.

Lenders became fussier, offering loans only to the most creditworthy borrowers who had considerable deposits.

Widespread defaults on those mortgages extended to less creditworthy borrowers triggered the ongoing global credit crunch.

Banks such as JPMorgan Chase & Co, the second-largest U.S. mortgage lender, were withdrawing from making home loans to less creditworthy borrowers.

The data, due on the 25th of the month, showed delinquencies in home loans made to less- creditworthy borrowers were increasing, market participants said.

Since then some lenders, including JPMorgan Chase and American Express Co AXP.N, have given up on lending to all but the most creditworthy borrowers.

U.S. banks have written off even larger amounts in the credit crisis, triggered last year by widespread defaults on mortgages extended to less creditworthy borrowers.

Some six years after the financial crisis, thousands of apparently creditworthy borrowers are being shut out of the housing market because they cannot get mortgages.