Understanding the 5 C’s of Credit: A Comprehensive Guide

What is the 5 C’s of credit? One way to do this is by checking what’s called the five C’s of credit: character, capacity, capital, collateral and conditions. Read more on www.capitalone.com When you apply for a loan or a credit card, the lending company evaluates a number of indicators to determine your creditworthiness. A … Read more

Why Was I Denied a Credit Limit Increase?

Why was I denied a credit limit increase? Not enough income for a credit limit increase: Your credit limit often is related to your monthly income. If your income is too low by the credit card issuer’s standards, your credit limit increase request may be denied. Read more on www.thebalance.com Increasing your credit limit can … Read more