Worksheet 27: Evaluating Credit Goals

In this worksheet, I was able to rate myself according to the five C’s of credit. The lesson I learned from this worksheet is that it is never too late to improve my situation. By setting goals and accomplishing them, I will be able to increase my credit with a new job, higher wages, or investment income. By improving my finance situation, I will be able to positively affect my capacity, and better condition for a loan. This creditworthy test is important to better understand a person’s situation and see the qualifications of the borrower. The lender wants to insure that the borrower can make regular payments and has a lower default risk.
Worksheet 27: Evaluating Credit Goals
In this worksheet, I was able to determine which finance goals