Wednesday
July 23, 2014

Homework Help: fp 101

Posted by heather on Friday, August 12, 2011 at 4:07pm.

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?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Accounting - The question is: Compute the recent two years’ cash flow on total ...
investing - You are provided with the following transactions that took place ...
Accounting - Which of these assets are "quick assets"? -Cash and cash ...
Accounting - Which of these assets are "quick assets"? -Cash and cash ...
Accounting - Which of these assets are "quick assets"? -Cash and cash ...
Accounting - Which of these assets are "quick assets"? -Cash and cash ...
Accounting - 1. A company acquired some land for $80,000 to construct a new ...
FINANCE - Tim recently invested $3,500 in a project that is promising to return ...
finance - John Keene recently invested $3,500 in a project that is promising to...
Finance - Cash Equation: Bettendorf Corporation has a book net worth of $17,800...

Search
Members