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Of the "Five C's of Credit" which do you think is most important in determining someone's credit worthiness? Why?

Respuesta :

Answer:

Character

Explanation: If you have borrowed money, you have most likely heard your lender discuss the Five C’s of Credit. Recently, many lenders have indicated that character of the borrower is the most important of the Five C’s, particularly in tough economic times. -https://www.farmprogress.com/most-important-c-credit

The "Five C's of Credit"  that is most important in determining someone's creditworthiness is Character.  This is further explained below.

What is Character?

Generally, Character is simply defined as the mental and moral characteristics that distinguish a person

In conclusion, lenders of money, look to character history to determine the potency Five C's of Credit.

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