five C's of credit Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: five C's of credit

five C's of credit

judgmental method of evaluating a potential borrower's creditworthiness, based on five criteria: character, capacity, capital, collateral, and conditions. The first four deal with a borrower's ability to pay , whereas the last point refers to general business conditions in the borrower's industry.

unsecured loan

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