Cryptocurrency Q&A What are the 5 P's of credit?

What are the 5 P's of credit?

Federico Federico Mon Jan 20 2025 | 5 answers 1126
I'm trying to recall the 5 P's of credit, but I can't quite remember them all. I know they are important factors that lenders consider when evaluating a borrower's creditworthiness. Can someone help me list them out? What are the 5 P's of credit?

5 answers

DigitalCoinDreamer DigitalCoinDreamer Wed Jan 22 2025
Another model is the 5P's, comprising Person, Payment, Principal, Purpose, and Protection.

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Alessandra Alessandra Wed Jan 22 2025
The LAPP model focuses on Liquidity, Activity, Profitability, and Potential of the borrower.

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Carlo Carlo Wed Jan 22 2025
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SejongWisdomSeeker SejongWisdomSeeker Wed Jan 22 2025
Various credit assessment models exist to evaluate borrowers' creditworthiness.

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KpopStarletShine KpopStarletShine Wed Jan 22 2025
One such model is the 5C's of credit, which includes Character, Capacity, Capital, Collateral, and Conditions.

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