RupeeTimes' financial glossary  A-F |  G-O |  P-V |  W-Z |  1-9 |  Search by category |     Category: Definitions   Acceptance Letter Acquirer Additional cardholder Administrative Fee Advance EMI Affinity Card American Express Amortization Annual Fee Appraisal APR ATM Bad Credit Balance Transfer Bankruptcy Basis Point Borrower Broker Business Credit Card Call rate Capital Adequacy Ratio Card Issuer Cardholder Carpet area Cash Back Credit Card Cash Reserve Ratio Certificate of title Chargeback Chargeback Period Clear title Co-borrower Co-Branded Card Commitment Fee Common areas Contract Conveyancing Credit Appraisal Credit History Credit Limit Default Depreciation Disposable Income Documentation Down Payment Early Repayment Charge EMI Establishment Charge Expired Card Fixed interest rate Fixed rate Floating Rate Floor Limit Foreclosure Fraudulent Transaction Futures Credit Appraisal It is the process of appraising the credit worthiness of a loan applicant. Factors like age, income, number of dependents, nature of employent, continuity of employment, repayemnt capacity, previous loans, credit cards, etc. are taken into account while apprasing the credit worthiness of a person. Every bank or lending instution has its own panel of officials for this purpose.