PhysicalThing: credit problem

Lexeme:	credit problem Very Rare (0.01)
Definition:	noun. A credit problem refers to any issue or challenge that affects an individual's ability to obtain credit from lenders or financial institutions. It typically arises when a person's creditworthiness is compromised due to factors such as a low credit score, a history of late or missed payments, excessive debt, or a previous bankruptcy or foreclosure. A credit problem can make it difficult for individuals to secure loans, credit cards, or favorable interest rates, limiting their financial options and potentially hindering their ability to make important purchases or investments. GPT3.5 Word Forms: noun. credit problem (singular), credit problems (plural)
Synonyms:	(none)
Abstraction:	(hypernym) entity (hypernym) physical thing (hypernym) problem
Composition:	(none)
Properties:	(none)
Basic Categories:	information
Related Concepts:	(none)
Policy Examples:	To the extent permitted by law, the Giant Eagle Businesses may keep a record of check or credit problems and may share those account numbers with third parties who share their information with the Giant Eagle Businesses. #gianteagle
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