Section 2
Credit
Book
Version 6
By Boundless
By Boundless
Boundless Business
Business
by Boundless
5 concepts
![Thumbnail](../../../../../../figures.boundless-cdn.com/15021/square/road-to-good-credit-1.jpeg)
Obtaining Credit
Credit is a term used to denote transactions involving the transfer of money or other property on promise of repayment.
![Thumbnail](../../../../../../figures.boundless-cdn.com/14880/square/capital-investment.jpeg)
The Five Cs of Credit
Capacity to repay, capital, collateral, conditions, and character, are referred to as the "Five Cs of Credit".
![Thumbnail](../../../../../../figures.boundless-cdn.com/2180/square/9f-7fac-405a-9c05-83082eb1a6fd.jpg)
Credit Ratings
A credit rating evaluates the credit worthiness of a debtor, specifically a business (company), individual, or a government.
![Thumbnail](../../../../../../figures.boundless-cdn.com/15316/square/-disposable-income-and-gdp.jpg)
Collection from Delinquent Payables
Debt compliance describes various legal measures taken to ensure that debtors honor their debts.
![Thumbnail](../../../../../../figures.boundless-cdn.com/34433/square/ezzcpjyvtocjou7yilas.jpg)
Trends in Credit After 2008
The economic collapse of 2008 had substantial impacts on the banking industry and the availability of credit for borrowers.