The Five Cs of Credit
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Character is the first of the five Cs of credit and refers to a person's moral and ethical qualities. Lenders consider character heavily when deciding whether to approve a loan because those with good character, such as trustworthiness, clean background checks, and positive references, are most likely to repay debts. Borrowers can build strong character by paying bills on time, maintaining steady employment, and avoiding legal issues.
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Importance of building credibility in your projects pip frank moore
Credibility refers to the believability and trustworthiness of a source or message. It has both objective and subjective components and is built on four key factors: trustworthiness, expertise, accountability, and harmony. When Lions Clubs demonstrate these factors through their activities and projects, it leads to greater success, quality service, and commitment to their communities. Behaving with integrity, following through on promises, having expertise, and showing concern for others helps to build credibility over time.
Credibility : An Important Ingredient to Have
LET US GO BACK TO THE CROSS ROADS AND SEEK TO BE CREDIBLE IN OUR DAYS. THIS IS AN IMPORTANT INGREDIENT LACKING IN ALL SPHERES OF OUR SOCIETY TODAY. VERY DIFFICULT TO GET CREDIBLE PEOPLE
Six degrees and management of relationships
The document discusses the concept of "six degrees of separation" which suggests that any two people on Earth are six or fewer acquaintance links apart. It provides background on the concept and research showing people are on average six steps away from any other person. Examples are given of how the concept has influenced popular culture through plays, films, social networks and more. The power of networking using weak ties to connect separate social groups is discussed. Basic principles of networking based on laws of abundance, reciprocity and giving without expectation are also covered.
Short Business Credit and Loan Videos for YouTube
The document discusses various types of business loans and how to qualify for them. It describes conventional bank loans that require good financials and credit. Alternative loans are easier to qualify for and can be based on business cash flow, personal credit, or collateral. Cash flow loans require consistent monthly deposits over $10,000 and being in business over a year. Credit loans are unsecured up to $150,000 with a 685+ credit score. Collateral loans have low rates based on collateral like receivables or equipment. A business loan broker assists by finding the best loan options based on a business's strengths.
Ch03 02
This document discusses developing a healthy personal identity as a teen. It states that identity depends on likes/dislikes, relationships, experiences, values and interests. Having good character through traits like trustworthiness, respect and responsibility helps form a positive identity. The document provides tips for promoting a healthy identity such as recognizing strengths/weaknesses, surrounding oneself with supportive people, and engaging in meaningful relationships and community service.
Lesson plan credit
This document provides an outline for a lesson plan on financial literacy and credit. The lesson will help students understand different types of credit, associated risks and responsibilities, and how to establish good credit. Key points that will be covered include defining credit, listing basic types of credit like credit cards and loans, describing risks like fees and interest, and ways to build credit history over time by paying bills on time. Assessment will include a credit basics exam. The goal is for students to gain knowledge on using credit responsibly and avoiding issues like debt or bankruptcy.
Bni loan qualification_101
Thomas Drasler has over 25 years of experience in sales and marketing, including as an executive leading Fortune 500 technology sales organizations. He has been a licensed California residential mortgage broker since 1996. Some of his qualifications include passing national and state SAFE ACT exams and being a member of the National Association of Mortgage Brokers and California Association of Mortgage Brokers. He received a B.S. in marketing from Arizona State University and is married with two sons.
Attorney Loan Modification Program
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Protection plan presentation
YOUR OPPORTUNITY
Where do you want to be in 5 years? 10 years? What about right now?
What if you could have the benefits of a traditional business career, but without someone else controlling your income, hours, partners and overall job security? Maybe you’re comfortable in your job, but would like to increase your opportunities and income without trying to balance the multiple schedules created for you. Technology is continuing to advance and the business world is rapidly changing. You’re going to be working anyway- shouldn’t you enjoy it? Shouldn’t you control it? Welcome to Financial Education Services.
At FES, we’ve combined the flexibility of working for yourself with the stability and management of a business which has already been established and achieved success. You don’t need to invest a bunch of money, store inventory or learn the technology behind our advanced financial programs; you just need the motivation and work ethic to create a strong, dependable team and continue to develop yourself as a leader within your organization. Your opportunities are limitless. The harder you work the more you’ll gain.
You’ll also have security in knowing the innovative products and services you are distributing are of the utmost quality and yet are continuously improving. The demand for our services is growing each and everyday, fitting the needs of various people throughout your community, at all stages of life. Make a difference, change your life- know that the hard work you’re putting into today is building and benefiting your financial opportunities for the future.
www.myfes.net/BRobinson1
Buyers Guide | Home Purchasing
- Buying a home is a major financial decision and commitment that requires navigating a complicated process. The document provides guidance to help buyers feel informed and prepared.
- It outlines preliminary financing concerns like estimating purchasing power based on income, credit, expenses, down payment, and interest rates. It also provides steps to review credit reports, financial documents, and to talk to a lender.
- The document reviews mortgage types, terms, fees, and questions for buyers to ask lenders to better understand financing options and select the best loan. It also discusses down payment amounts and private mortgage insurance.
Trust, Justice, & EthicsMost Trusted Companies100 Best.docx
Trust, Justice, & Ethics
Most Trusted Companies
100 Best Companies to Work For
• SAS
• Google
• Zappos.com
• USAA
• Cisco
• American Express
• REI
• DreamWorks
High reputation + average pay
or
High salary + poor reputation
78%
Trust in a Leader
• The willingness to be vulnerable to a leader based on positive
expectations about the leader’s actions and intentions
• Disposition-based trust
• Cognition-based trust
• Affect-based trust
Disposition-Based Trust
• Trust propensity
• A general expectation that the words, promises, and
statements of individuals and groups can be relied upon
• “Blind trust” or “Faith in human nature”
• How trusting are you?
• Where does trust propensity come from?
Trust Propensity
• Video: Kimmel—Halloween
Candy, 2014
Disposition-Based Trust
Rev.Confirming Pages
222 C H A P T E R 7 Trust, Justice, and Ethics
TRUST PROPENSITY
Are you a trusting person or a suspicious person by nature? This assessment is designed to
measure trust propensity—a dispositional willingness to trust other people. Answer each
question using the response scale provided. Then subtract your answers to the boldfaced
questions from 6, with the difference being your new answers for those questions. For
example, if your original answer for question 4 was “4,” your new answer is “2” (6 – 4).
Then sum up your answers for the eight questions. (For more assessments relevant to this
chapter, please visit the Online Learning Center at www.mhhe.com/colquitt).
SCORING AND INTERPRETATION
If your scores sum up to 21 or above, you tend to be trusting of other people, which means
you’re often willing to accept some vulnerability to others under conditions of risk. If your
scores sum up to 20 or below, you tend to be suspicious of other people, which means
you’re rarely willing to accept such vulnerability.
Sources: R.C. Mayer and J.H. Davis, “The Effect of the Performance Appraisal System on Trust for Manage-
ment: A Field Quasi-Experiment,” Journal of Applied Psychology 84 (1999), pp. 123–36. Copyright © 1999 by
the American Psychological Association. Adapted with permission. No further reproduction or distribution is
permitted without written permission from the American Psychological Association. See also F.D. Schoorman,
R.C. Mayer, C. Roger, and J.H. Davis. “Empowerment in Veterinary Clinics: The Role of Trust in Delegation.”
Presented in a Symposium on Trust at the 11th Annual Conference, Society for Industrial and Organizational
Psychology (SIOP), (April 1996), San Diego.
O B A S S E S S M E N T S
1
STRONGLY
DISAGREE
2
DISAGREE
3
NEUTRAL
4
AGREE
5
STRONGLY
AGREE
1. One should be very cautious with strangers.
2. Most experts tell the truth about the limits of their knowledge.
3. Most people can be counted on to do what they say they will do.
4. These days, you must be alert or someone is likely to take
advantage of you.
5. Most salespeople are honest in describing their products.
6. ...
Some basics of home loan
Home loans can help people achieve their dream of home ownership, but banks consider several factors in determining eligibility. These include the nature of one's job, the location of the property, and personal details. Banks maintain lists of professions and areas deemed ineligible. Applicants should have a good income and credit history. Various documents must be provided, such as income proof, personal details, residence proof, and legal documents. Requirements vary by bank, so applicants should understand all terms and conditions with the help of a consultant before finalizing a home loan.
Session 6: Negotiating the relationship
This document discusses the importance of negotiation in partnerships and outlines several models for effective negotiation. It notes that partnerships depend on good working relationships between people from different organizations and cultures. Critical success factors for partnerships include effective negotiation, having a negotiation strategy, and focusing on relationships. The Cohen-Bradford Influence Model is presented as a framework for influencing others without direct authority, with steps like assuming others are potential allies, clarifying goals, understanding the other perspective, identifying important priorities or "currencies", dealing with relationships, and negotiating through give-and-take.
Chinalove review 2020
Here are seven force abilities that will assist you with shaping more grounded collusions and bring more closeness, genuineness and trust to your relationships from Chinalove.com.
No credit check_loans
While no credit check loans are often advertised, all lenders do check applicants' credit and financial history in some way. Those with poor credit can still apply for payday or installment loans from direct lenders, as some consider factors beyond credit scores like employment history. The application process is streamlined and fast, with decisions often within minutes. If approved, funds may be deposited within a couple business days. Loan costs depend on the specific terms, which are disclosed by the direct lender.
The Do’s and Don’t’s of Applying for Hard Money Loans in Dallas
Hard money loans, also called asset-based loans, are temporary provisions of money at higher interest rates. Though interest rates are higher, hard money loans in Dallas, Texas, stipulate benefits. You must be careful to reap benefits for yourself, and here is how you can do that.
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The Five Cs of Credit
- 1. The Five Cs of CreditThe First C - Character Nicole Levi Robert Derek Desi Cory
- 2. Character is defined as the moral or ethical quality of a person. In regards to credit, lenders look for people with excellent character to extend loans to. Character is a big role in lenders’ decision to give someone a loan, because people with ideal character are the most likely to repay the loan. What is Character?
- 3. A person who is trustworthy, has good references, and a clean criminal background check would be an example of a person with credit-worthy character. A lender will ask questions during the loan interview.. What constitutes excellent character?
- 4. Have you used credit before? If so, what type and for how long? This is to determine your prior knowledge of credit and payment history. How long have you lived at your current address? The longer you have lived there, the better chance you’ve paid your rent/mortgage on time. How long have you held your current job? This question will determine your financial stability (i.e., your ability to re-pay the loan) Loan Questions
- 5. Paying bills on-time for a long period of time will build your image of timeliness. Holding a steady job will show that you have a stable income and can re-pay any credit you are extended. Staying out of trouble with the law will keep your background checks clean. How to Build Your Character
- 6. The End