The five Cs of credit refer to the:
A) credit reports issued by Dun and Bradstreet.
B) interpretation of numerical credit scoring systems.
C) attributes that help determine creditworthiness.
D) financial ratios used to determine a customer's creditworthiness.

Question

Quizplus · Accepted Answer

The five Cs of credit are character, capacity, capital, collateral, and conditions. These attributes help lenders determine a borrower's creditworthiness by examining their credit history, income, assets, collateral, and the current economic and market conditions. Dun and Bradstreet credit reports and numerical credit scoring systems may be used as part of the evaluation, but they are not the five Cs themselves. Financial ratios may also be considered, but they are not the only factor examined.

The Five Cs of Credit Refer to The