Explain collateral and conditions

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Reference no: EM13215572

1. The five Cs of credit are character, capacity, capital, collateral, and conditions. Review each of the four items mentioned in the article and then state which one of the Cs each would represent.

2. Why does it make a difference if you have a large number of credit cards from the past versus a large number of newly acquired cards?

Reference no: EM13215572

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