5 C's of credit Definition

5 C's of credit

Definition

The five key elements a borrower should have to obtain credit: character (integrity), capacity (sufficient cash flow to service the obligation), capital (net worth), collateral (assets to secure the debt), and conditions (of the borrower and the overall economy).

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5 C's of credit is ...
... part of the Lending & Credit subject.

... #73 on our list of the most popular terms.