The 4 C’s of Credit –

Know Before You Borrow!

Thinking about applying for a loan or credit card? Lenders look at 4 key factors

before saying "yes" —

known as the

Four C’s of Credit:

1️⃣ Character – Your credit history. Do you pay bills on time? This tells lenders how responsible you are with money.

2️⃣ Capacity – Your income vs. debt. Can you afford to repay the loan? Lenders check your debt-to-income ratio.

3️⃣ Capital – Your savings & investments. It shows you have skin in the game and a cushion in case of emergencies.

4️⃣ Collateral – Assets you can offer as security. Think: house, car, etc. This helps secure the loan (especially for big borrowing).

Understanding these can help you build better credit and make smarter money moves.

💬 Have questions about credit? Contact me

John T Davis CFF ChicagoBusinessLoans.com