APPLYING FOR CREDIT WHY DOES A LENDER NEED TO KNOW ABOUT YOUR CREDIT HISTORY TO EXTEND CREDIT? PG 169-173 NAME, TEACHER AND DATE.

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Presentation transcript:

APPLYING FOR CREDIT WHY DOES A LENDER NEED TO KNOW ABOUT YOUR CREDIT HISTORY TO EXTEND CREDIT? PG NAME, TEACHER AND DATE

WORDS DEFINE Credit rating NAME, TEACHER AND DATE

THE FIVE C’S OF CREDIT CHARACTER: WILL YOU REPAY THE LOAN? QUESTIONS NAME, TEACHER AND DATE

THE FIVE C’S OF CREDIT CAPACITY: CAN YOU REPAY THE LOAN? NAME, TEACHER AND DATE

THE FIVE C’S OF CREDIT CAPITAL: WHAT ARE YOUR ASSETS AND NET WORTH? NAME, TEACHER AND DATE

THE FIVE C’S OF CREDIT COLLATERAL: WHAT IF YOU DO NOT REPAY THE LOAN? NAME, TEACHER AND DATE

THE FIVE C’S OF CREDIT CREDIT HISTORY: WHAT IS YOUR CREDIT HISTORY? NAME, TEACHER AND DATE

CREDIT AND EQUAL OPPORTUNITY AGE NAME, TEACHER AND DATE

CREDIT AND EQUAL OPPORTUNITY PUBLIC ASSISTANCE NAME, TEACHER AND DATE

CREDIT AND EQUAL OPPORTUNITY HOUSING LOANS NAME, TEACHER AND DATE

WHAT IF YOUR APPLICTION IS DENIED? NAME, TEACHER AND DATE