The 5 C's of Credit (What You Should Know Before Applying for Credit).

Written by CreditRegistry on October 23, 2020

What is a credit score and why is it important?

Written by CreditRegistry on October 18, 2020

10 Effective Strategies To Get Paid on Time, Every Time

Written by CreditRegistry on October 25, 2020

The 5 C's of Credit (What You Should Know Before Applying for Credit).

By CreditRegistry on October 23, 2020

Lenders attempt to mitigate the risk of lending to borrowers by performing credit analysis on customers when applying for a new credit account or loan. This analysis is based on the 5 Cs of Credit as follows: 1. Capacity Lenders must be sure that the borrower has the ability to repay the loan based on […]

What is a credit score and why is it important?

By CreditRegistry on October 18, 2020

A credit score plays a key role in a lender's decision to offer credit. Factors considered in credit scoring include repayment history, types of loans, length of credit history, and an individual's total debt. A credit score is a risk assessment tool used by lenders to determine an individual's creditworthiness. It is statistically developed and summarises all of the information relating […]

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