Meanings of less creditworthy in English

It also started offering loans to less creditworthy borrowers.

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.

JPMorgan used a kind of derivative known as credit default swaps to make bets on whether companies would become more or less creditworthy.

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.

Those instruments, she said, "may be less creditworthy and consequently affect how these transactions operate and how investors consider the risks associated with them."