3 C's of Credit

Front

This "C" indicates your ability to repay a loan. Current income and debt will be taken into consideration.

Back

Capacity

Front

This "C" references your financial responsibility. Questions will be related to payment history, employment, and type of credit you've had in past.

Back

Character

Front

The 3rd "C" is Collateral and takes into consideration the value of current assets.

Back

True

Front

Your annual household income falls under which "C" of Creditworthiness?

Back

Capacity

Front

Your savings account is a financial asset. Which "C" of Creditworthiness does this apply to?

Back

Collateral

Front

Paying off your credit card balance on time falls under which "C" of Creditworthiness?

Back

Character

Front

Your level of education falls under which "C" of Creditworthiness?

Back

Capacity

Front

Owning stocks, bonds, or real estate falls under which "C" of Creditworthiness?

Back

Collateral

Front

A person with a high amount of debt, low assets, with a history of late payments is considered ________.

Back

a high risk loan candidate