https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796514#M500704 I would expand it a little bit more in general, as there might not only be credit underwriting, but also insurance underwriting. It is more like determining what risks and to what extend a company is ready to undertake to do business. At least I understand it this way... Tue, 08 Jan 2013 19:02:24 GMT mikka1 2013-01-08T19:02:24Z https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796212#M500619 <P>Can someone post a good definition of the term "Credit Card Underwriting"? I have a general sense of what "underwriting" is but would like a more "official" definition, if you may.</P> Tue, 08 Jan 2013 17:49:07 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796212#M500619 SportBike4Life 2013-01-08T17:49:07Z https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796482#M500696 <P>underwriting=lending standards....</P><P>&nbsp;</P><P>that's the easiest, best way to describe.</P><P>&nbsp;</P><P>so like...</P><P>credit cards have lending standards which are included in their&nbsp;underwriting</P> Tue, 08 Jan 2013 18:52:49 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796482#M500696 youngandcreditwrthy 2013-01-08T18:52:49Z https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796502#M500701 <P>Some of the standards are in stone and others not</P> Tue, 08 Jan 2013 18:58:20 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796502#M500701 Anonymous 2013-01-08T18:58:20Z https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796514#M500704 I would expand it a little bit more in general, as there might not only be credit underwriting, but also insurance underwriting. It is more like determining what risks and to what extend a company is ready to undertake to do business. At least I understand it this way... Tue, 08 Jan 2013 19:02:24 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796514#M500704 mikka1 2013-01-08T19:02:24Z https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796526#M500707 <P>exactly!</P><P>&nbsp;</P><P>spec credit cards have spec standards.... such as FICOs, DTI, income, uhhh... existing accounts... util... aaoa... that's why everyone worries so much about those specifc things lol</P> Tue, 08 Jan 2013 19:06:00 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Definition-of-the-term-quot-Credit-Card-Underwriting-quot/m-p/1796526#M500707 youngandcreditwrthy 2013-01-08T19:06:00Z