Dulce Nancy Munoz
What is credit
Forms of Credit The three C's
Capacity: Financial ability to repay
Character: Sense of financial responsibility
Credit Worthiness: Able to to pay off your personal loans using you value like a home. Have a high income, and a job you are secure in.
What Are The Costs?
What determines Who Receives Credit?
Factors that determine if whether or not you qualify are the following
- Missed a rent payment
- ever been sued