the 5 (five) Cs of credit;
1. Character - which signifies the borrower‟s integrity and reputation
2. Capacity - which encompasses the ability to repay and evidence of sufficient cash flow to service the obligation
3. Capital - which is a borrower‟s net worth
4. Conditions – includes those of the borrower and the overall economy e.g. interest rates and amount of principal requested, and
5. Collateral - includes the borrower’s assets used to secure the debt.
Strischek, Dev (2009). The Five Cs of Credit. The RMA Journal, 91(8), pp. 34-38.
Tirole,
“Reading and thinking. The beauty of doing it, is that if you’re good at it, you don’t have to do much else" Charlie Munger. "La cantidad de energía necesaria para refutar una gilipollez es un orden de magnitud mayor que para producirla" Paul Kedrosky «Nulla dies sine linea» Antonio Guarino. "Reading won't be obsolete till writing is, and writing won't be obsolete till thinking is" Paul Graham.
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