What are the six common things your lenders look for before granting a borrower credit? 1. CHARACTER:The question of character asks; how a person has lived up to their ‘past’ responsibility pay his/her debts? Character is measured by the debtors credit and payment history. 2. CAPACITY TO PAY: Means having the income to pay, and [...]
Archive for the ‘6 C’s of Credit’ Category
Do You Know The 6 C’s of Credit?
Posted: 04/20/2009 by Debt Warriors! in 1st Party Creditor, 2nd Party Debtor, 6 C's of Credit, Credit Boot-camp0
The 6 C’s Of Credit: Borrowers Enemies Or Allies?
Posted: 12/09/2008 by Debt Warriors! in 1st Party Creditor, 2nd Party Debtor, 6 C's of Credit, APR, Auto Financing, Banking, Credit Card Debt Help, Credit Card Default, Debt Help, Debt Management, credit reports, debt counseling, financeTags: 6 C's of Credit
In War, no Victory can be attained without the support of Allies. In World War II, United States, Brittan and Russia were the Allies who aided one another in Battle against the tyranny of Hitlers’ Germany (and it’s Allies). Your War On Debt is no different. Just like World War II, there are Enemies of [...]
Credit Crisis One: The Prequel To The Credit Crunch | 6 C’s Of Credit
Posted: 09/05/2008 by Debt Warriors! in 6 C's of Credit, Usury RatesLet’s go back to the 1960′s. After World War II and the Korean Wars had ended, the Veterans who came home (alive:) were hero’s. They came home to quality jobs in many industries. For a flash-back at that era, click the video. These jobs helped the American economy become the largest in the world. Large [...]
