is an assessment of the borrower that determines whether the borrower will be able to pay the loan back on time, as per the loan agreement.

Borrower rating

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Credit rating

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Agreement rating

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Loan rating

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Solution

The correct option is B Credit rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.

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Similar questions

Creditworthiness is an assessment by any lender or seller to ensure that the borrower or buyer pay on time.

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is an assessment of the borrower that determines whether the borrower will be able to pay the loan back on time, as per the loan agreement.

The correct option is B Credit ratingA credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.

The correct option is B Credit rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.