The 5 "C"s of Credit

You need money to borrow money. The money you already have is called:

• Collateral

• Capital

• Creditor

• Credit

The property that you can let the lender keep until the loan is paid off is called:

• Capital

• Closed-End Credit

• Capacity

• Collateral

A responsible attitude toward honoring one's obligation?

• Character

• Credit Bureau

• Creditworthy

• Capacity

Financial ability to repay a loan with present income?

• Character

• Capacity

• Conditions

• Credit Freeze

A person who is a good credit risk?

• Credit Report

• Creditworthy

• Character

• Capactiy

A business that gathers, stores, and sells credit information to other businesses?

• Credit Report

• Credit Freeze

• Credit Bureau

• Character

The complete record of your borrowing and repayment performance.

• Credit Bureau

• Credit History

• Credit Report

• Credit Freeze

A written statement about a consumer's credit history?

• Capacity

• Character

• Credit Report

• Credit History

A rating based on a consumer's credit history that indicates his or her creditworthiness?

• Credit Score

• Capacity

• Credit Injury

• Credit Rating