The C's of Good and Bad Credit Analysis
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October 30 2012 23:39
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Table of contents
1. The Ten Commandments of Commercial Credit: The 'Cs' of Good and Bad Loans
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Document 1 of 1
The Ten Commandments of Commercial Credit: The 'Cs' of Good and Bad Loans
Author: Golden, Sam; Walker, Harry M
Publication info: The RMA Journal 94. 9 (Jun 2012): 42-46,13.
http://search.proquest.com/docview/1039695514?accountid=27932
Abstract: One of the first things examiners and lenders learn is the Five Cs of Credit. They are the tried-and-true rules of good loan making, consisting of character, capacity, conditions, capital, and collateral. The Five Cs represent the "Thou shalt" commandments of lending, the core of sound commercial banking. Then there are the Five Cs of Bad Credit: complacency, carelessness, communication, contingencies, and competition. These are the "Thou shalt not" commandments. Only by following the Five Cs of Good Credit and the Five Cs of Bad Credit can bankers be sure of not falling into the same traps that have tripped them up for years.
Full Text: Headnote This article first appeared in the January 1993 issue of The Journal of Commercial Lending, forerunner of The RMA Journal. The authors, in their introduction, stated their eagerness for bankers "to learn from the problems of the past few years; for unless bankers learn from history, they will be doomed to repeat it." In the following article, they add their current views, noting that "the relevance and applicability of what we outlined in the 1993 article remain unchanged."
One of the first things examiners and lenders learn is the Five Cs of Credit. They are the tried-and-true rules of good loan making, consisting of character, capacity, conditions, capital, and
Report Information from ProQuest
October 30 2012 23:39
____________________________________________________________
____________________________________________________________
Table of contents
1. The Ten Commandments of Commercial Credit: The 'Cs' of Good and Bad Loans
____________________________________________________________
Document 1 of 1
The Ten Commandments of Commercial Credit: The 'Cs' of Good and Bad Loans
Author: Golden, Sam; Walker, Harry M
Publication info: The RMA Journal 94. 9 (Jun 2012): 42-46,13.
http://search.proquest.com/docview/1039695514?accountid=27932
Abstract: One of the first things examiners and lenders learn is the Five Cs of Credit. They are the tried-and-true rules of good loan making, consisting of character, capacity, conditions, capital, and collateral. The Five Cs represent the "Thou shalt" commandments of lending, the core of sound commercial banking. Then there are the Five Cs of Bad Credit: complacency, carelessness, communication, contingencies, and competition. These are the "Thou shalt not" commandments. Only by following the Five Cs of Good Credit and the Five Cs of Bad Credit can bankers be sure of not falling into the same traps that have tripped them up for years.
Full Text: Headnote This article first appeared in the January 1993 issue of The Journal of Commercial Lending, forerunner of The RMA Journal. The authors, in their introduction, stated their eagerness for bankers "to learn from the problems of the past few years; for unless bankers learn from history, they will be doomed to repeat it." In the following article, they add their current views, noting that "the relevance and applicability of what we outlined in the 1993 article remain unchanged."
One of the first things examiners and lenders learn is the Five Cs of Credit. They are the tried-and-true rules of good loan making, consisting of character, capacity, conditions, capital, and