I have a short answer question for homework. It says, "List and comment upon the THE FIVE C's OF CREDIT MANAGEMENT."
Unfortunately, I missed the class notes for this, and I need to turn the assignment in very soon. I did a search online for the Five C's, but I didn't find the right link. Does anyone know what the five C's of credit management are?
What are the five C's (cs) of credit management?
Character- responsibility with debt management
Capacity- ability to Repay
Capital- Current potfolio, Savings
Collateral- Assets as security
Conditions- Current revenue status.
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