2467165
Description
Flashcards by dylan_earl, updated more than 1 year ago
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Created by dylan_earl
over 9 years ago
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| Question | Answer |
| What are the 5 C's of Credit | Credit Character Collateral Capacity Capital |
| Equifax and Trans Union are Main Credit Reporting Agencies in Canada T/F | True |
| What is a credit report? | Snapshot of credit history Shows how you handle your debt |
| 5 Main Components of a Credit Score | Payment History, Type of Credit, Current Debts (TDS), Credit Enquiries and Age of Accounts |
| What is credit delinquency? | Neglecting of duty or failure to pay outstanding debt |
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