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Name and describe the three C’s used in determining a person’s willingness and ability to repay debts.
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Name and describe the three C’s used in determining a person’s willingness and ability to repay debts.
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Sep 18, 2019
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Name and describe the three C’s used in determining a person’s willingness and ability to repay debts.
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Sunil Dora
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Hewo my friend!
Character
is based on a person's
reputation for honesty and financial history.
Capacity
is a
person's ability
to earn money and
pay debts
.
Capital
is a
person's
financial worth.
Praveenjayapal
answered
Sep 24, 2019
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Praveenjayapal
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