Spotloan Application

Spotloan Application

Are you credit worthy? If you are, the next question would be, how credit worthy are you? Some companies might not be using the exact wording but at least before they lend you the money, their thoughts revolve on this particular idea.

Just how important is it to be credit worthy? If credit worthiness is defined as a debtor's willingness to repay a debt, then apparently, it must be of utmost consideration to every debtor. Money lenders are in business because they want to make money, not to lose some. And no lender will take chances in giving loans to a person who does not seem to be credit worthy at all.