Flashcards
Week H Cue Cards
Flashcards do conjunto (5)
- 1What are the 5 C's of CreditCredit
Character
Collateral
Capacity
Capital - 2Equifax and Trans Union are Main Credit Reporting Agencies in Canada T/FTrue
- 3What is a credit report?Snapshot of credit history
Shows how you handle your debt - 45 Main Components of a Credit ScorePayment History, Type of Credit, Current Debts (TDS), Credit Enquiries and Age of Accounts
- 5What is credit delinquency?Neglecting of duty or failure to pay outstanding debt