4 C's of Credit

How do lenders sum up borrowers? With the four Cs of credit. Gather supporting information for your visit with a lender.

Credit History – Focus is on your past credit and your reputation as a responsible person
Capacity – Do you have the income to repay a loan?
Collateral – How much capital, other than cash like another property to put down as capital
Conditions – How much cash can you use as a down payment.

Written by kprather on Friday December 4, 2015
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