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Bank of Doogal. 1234-5678-9012-3456. Marcie A. McDougal- Domroes. Marcie A. McDougal- Domroes. Expiration Date : 06/10. 3 C’s of Credit. In Real Life Banks Decide How Much $ They Will Let You Borrow Based On The 4 C’s

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Bank of Doogal

1234-5678-9012-3456

Marcie A. McDougal-Domroes

Marcie A. McDougal-Domroes

Expiration Date: 06/10


3 C’s of Credit

In Real Life Banks Decide How Much $ They Will Let You

Borrow Based On The 4 C’s

Character (Have you been trustworthy in the past and paid back all your money you borrowed on time?)


3 C’s of Credit

In Real Life Banks Decide How Much $ They Will Let You

Borrow Based On The 4 C’s

Character Collateral (What could you give to the bank if you don’t pay your bill? Example, a car, house, items they could sell to get their money back.


3 C’s of Credit

In Real Life Banks Decide How Much $ They Will Let You

Borrow Based On The 4 C’s

Character

Collateral

Capacity (How much Income Do you Make A Month?) Will you be able to afford the monthly payment?


Name

I have lived at my current address for __years. If less than 8 months how long did you live at previous address?____

A time I paid someone back money I borrowed was…

Character

Capacity

My monthly income is…

If you give me $20 credit and I don’t pay it back you can have my…

Collateral


____________

Approved Credit Limit

For

________________

By: Bank of Doogal


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