What are the 5 Cs of credit that bankers refer to when making a loan decision?
A) character,capacity,capital,collateral,and costs
B) character,capacity,capital,collateral,and credit
C) character,capacity,capital,collateral,and conditions
D) character,capacity,capital,collateral,and collections

Question

Quizplus · Accepted Answer

The 5 Cs of credit that bankers refer to when making a loan decision are character, capacity, capital, collateral, and conditions. These factors help lenders assess the creditworthiness of a borrower.

What Are the 5 Cs of Credit That Bankers Refer