Character, capacity, capital, collateral, and conditions are the five elements that every borrower essentially needs in order to access credit. These help a lender to establish a consumer's ability to pay back credit or a loan and meet borrowing conditions.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser