That misrepresentation was part of a convoluted effort to make Mr. Manafort seem more creditworthy.
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The more creditworthy you appear to a financial institution, the less interest you'll end up paying.
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Were some of those same fake loans then "forgiven" to help Mr. Manafort seem more creditworthy to banks?
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Perhaps you had an older, more creditworthy relative co-sign your loan to qualify for a lower interest rate.
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A higher rating would signify to bond investors that India was more creditworthy and help to lower its borrowing costs.
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Auto loans to more creditworthy clients continue to gain momentum, signaling an improvement in the credit profile of Canadians, Gomes said.
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For example, the bill will give more creditworthy borrowers the chance to get the mortgage they need to buy a home.
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Work on rebuilding your creditIf you find that you can't qualify for a loan, you'll want to take steps to become more creditworthy.
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DROPPING A CO-SIGNER Perhaps you had an older, more creditworthy relative co-sign your loan to qualify for a lower interest rate.
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The euro was up 0.36 percent to $323, and the gap between yields on Italian and more creditworthy German bonds was the narrowest in a month.
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The euro was up 0.45 percent to $1.1603, and the gap between yields on Italian and more creditworthy German bonds fell to the narrowest in a month.
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It had been aided by an easing in concerns over Italian debt which left the gap between yields on Italian and more creditworthy German bonds at the narrowest in a month.
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He continued to treat Mr. Gates as his aide, asking him how to convert profit-and-loss statements from PDF format into Word in order, prosecutors said, to inflate his income and appear more creditworthy to banks.
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In America analysts at UBS, a bank, have seen delinquency rates on subprime unsecured loans and credit-card balances start to rise (albeit from a low base), and poor performance start to spread from subprime car loans to more creditworthy borrowers.
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While borrowers are far more creditworthy and lenders are more stringent than in the run-up to the last downturn, the upward creep in serious delinquencies in automobile, credit card and now student debt could unsettle policymakers at the Fed and elsewhere.
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While government loans tend to have high default rates, lenders are attracted to the private side of the business because they can offer better pricing to more creditworthy borrowers, Citizens Financial Group Inc Chief Executive Bruce Van Saun said in an interview Thursday.
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Even though Italy's government bonds recovered some of their losses on Thursday, the bonds of nearly two-thirds of non-financial companies in Italy's FTSE MIB equity index have lower yields than that of the sovereign, suggesting that investors find them more creditworthy than the government.
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A very simple type of fraud where the principles who publish a price or indicator conspire to set it falsely and benefit their own interests. The Libor scandal for example, involved bankers setting the Libor rate to benefit their trader's portfolios or to make certain entities appear more creditworthy than they were.
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In case of a future crisis, the probability of its appearance would decrease, and in case of occurrence it would be less severe. The emergence of fiscal union will ensure more creditability towards developing European countries because risks will be shared among all the state members. Weaker Euro countries would benefit from sharing the same Euro bonds as more creditworthy countries. Also, a centralised fiscal policy will introduce more tools for a particular policy implementation rather than national policies.
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Responsible use of financial hedges can mitigate this risk to some extent. Susceptibility to this volatility can be increased where governments choose to borrow heavily in foreign currency. Real exchange rate increases, through capital inflows or the "Dutch disease" can make this appear an attractive option by lowering the cost of interest payments on the foreign debt, and they may be considered more creditworthy due to the existence of natural resources. If the resource prices fall, however, the governments' capacity to meet debt repayments will be reduced.
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The generators can sell electricity to any licensees or where allowed by the state regulatory commissions, to consumers directly. The provision of direct sale of electricity by the generators, when and where allowed, would promote more IPP participation in the power generation, as these consumers are more creditworthy and bankable compared to many SEB’s. However the act provides for imposition of a surcharge by the regulatory body to compensate for some loss in cross-subsidy revenue to the SEB’s due to this direct sale of electricity by generators to the consumers.
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The Libor scandal was a series of fraudulent actions connected to the Libor (London Inter-bank Offered Rate) and also the resulting investigation and reaction. Libor is an average interest rate calculated through submissions of interest rates by major banks across the world. The scandal arose when it was discovered that banks were falsely inflating or deflating their rates so as to profit from trades, or to give the impression that they were more creditworthy than they were. Libor underpins approximately $350 trillion in derivatives. It is currently administered by Intercontinental Exchange, which took over running the Libor in January 2014.
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