Creditworthiness

"How many other loan payments do you have?" Is what C of creditworthiness?

• Character

• Capital

• Capacity

• Credit

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

"  How many dependents do you have?" is what C of Creditworthiness?

• Character

• Capital

• Capacity

• Credit

Tags

CCSS.RL.11-12.6

"Do you have a good credit report?" Is what C of creditworthiness?

• Character

• Capital

• Capcity

• Credit

" How long have you lived at your present address?" Is what C of creditworthiness?

• Character

• Capital

• Capacity

• Collateral

Tags

CCSS.L.11-12.6

CCSS.L.8.6

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.W.9-10.2D

"Having a savings account," is this C of creditworthiness.

• Character

• Capital

• Capacity

• Credit

Match the following

• Character

• Salary

• Capital

• Paying bills on time

• Capacity

• property do you own

A system that allows consumers to borrow money with the “promise” they are going to pay it back over time is...

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

What are the responsibilities of credit users?

• Report lost or stolen credit cards promptly.

• Pay debts promptly.

• Borrow only what you can repay.

• Notify creditor if you cannot meet payments.

What falls under Character for creditworthiness?

• Credit History

• How long you've been at your present job

• Savings Accounts

• How many dependents you have

• Paying Bills on time

Tags

CCSS.RL.11-12.6

What is considered Capital for creditworthiness?

• Real estate

• Investments

• Savings Accounts

• Income from current job

• How long you have been at your current job.