What Are the 5 Cs of Credit That Bankers Refer

question 35

Multiple Choice

What are the 5 Cs of credit that bankers refer to when making a loan decision?

• A) character,capacity,capital,collateral,and costs
• B) character,capacity,capital,collateral,and credit
• C) character,capacity,capital,collateral,and conditions
• D) character,capacity,capital,collateral,and collections

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Definitions:

Equality Before God

The theological or philosophical concept that all human beings are equal in the eyes of a divine power or God, regardless of social, economic, or ethnic differences.

Blacks

A term referring to people of African descent, often used in the context of discussing racial identity and experiences, particularly in the United States.

Church Attendance

The practice of going to church services, reflecting an individual's commitment to their faith and religious community.

1850s

A decade during the 19th century (1850-1859) marked by significant events including the height of the Industrial Revolution, the expansion of the American territories, and growing tensions leading to the Civil War.