Your household cash flow helps to determine this C: Capacity

Under these __________, you may still be approved with a cosigner Conditions

This demonstrates how much your assets are worth. (Capital)

Using your car or house as a promise to pay (Collateral)

This makes you a better credit risk to the lender (Character)

Lenders will evaluate your debt-payment ratio. (Capacity)

The lender is taking your unique situation under consideration. (?)

Previous credit history (Character)

This shows how long you have worked for your employer and if you have obtained an education. (Character)

Having more at stake may make you less likely to default on a loan.(Capacity)

The 5 C's of credit - Are these the correct answers?

They all look right to me except the one with the question mark, of course. "Conditions" would be the best there.

capacity

Some of these are wrong and I would suggest reading what the 5 C's are.

Character

Yes, the answers you provided for the 5 C's of credit are correct. The 5 C's of credit are:

1. Capacity: This refers to your ability to repay the loan, which is determined by your household cash flow or income.
2. Conditions: These are the circumstances or conditions under which you may still be approved for a loan, such as needing a cosigner.
3. Capital: This represents the value of your assets, which determines your net worth.
4. Collateral: This is the asset you offer as a promise to pay back the loan, such as your car or house.
5. Character: This refers to your creditworthiness or trustworthiness as a borrower, which is evaluated based on your credit history, employment stability, and level of education.

It's important to note that the lender evaluates all of these factors in order to assess the risk associated with lending to you. The higher your credit score and the stronger your financial situation, the more likely you are to be approved for a loan and receive favorable terms.