Cryptocurrency Q&A
What are the six basic Cs of lending?
What are the six basic Cs of lending?
DigitalBaron
Sun Jan 26 2025
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5
answers
983
I'm trying to understand the fundamentals of lending and I've heard there are six basic Cs that are crucial in this process. Could someone explain what these Cs stand for and their significance in lending?
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5 answers
Martina
Mon Jan 27 2025
Collateral represents assets pledged as security for the loan, providing lenders with a safety net in case of default.
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SamuraiWarriorSoul
Mon Jan 27 2025
The six criteria known as the '6 C's' play a pivotal role in the financing decision-making process.
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CryptoTitan
Mon Jan 27 2025
Character refers to the borrower's reputation and integrity, assessing their willingness to repay debts.
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Ilaria
Mon Jan 27 2025
Capacity evaluates the borrower's ability to repay, considering factors like income stability and debt-to-income ratio.
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Chiara
Mon Jan 27 2025
Capital assesses the borrower's own financial resources and their contribution towards the financing need.
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