(n/v) an ongoing process of evaluating a borrower’s creditworthiness in real-time, rather than relying on a one-time assessment. Through continuous underwriting, lenders can dynamically track and analyze a borrower’s financial situation by accessing real-time data such as transaction history, income fluctuations, and other financial behaviors.

This allows credit decisions to be adjusted over time as new data becomes available, ensuring that credit limits and loan terms are always aligned with the borrower's current financial status. Continuous underwriting enhances risk management by enabling more proactive, data-driven adjustments to credit decisions, reducing the chances of defaults or overextensions while improving overall lending accuracy and efficiency.