What are the three elements of credit?

The concept of three elements of credit:

1. Personality; Role; letter

2. Assets

3. Solvency

The meaning of credit:

Credit is a monetary lending behavior between different owners that reflects a certain economic relationship. Credit in a broad sense refers to the general term of deposits, loans and settlement of financial institutions. Credit in a narrow sense generally refers to loans from banks or credit cooperatives. Credit does not refer to credit loans.

General problems of three elements in credit:

First of all, conduct

According to the credit record, the lender will measure whether the applicant has enough integrity. Lenders will consider the following factors when evaluating:

1. Have you ever used a credit card?

2. Is the bill returned on time?

Do you have a good credit record?

4. Is there a guarantor?

5. How long have you lived in your present address?

6. How long have you been in your present position?

Second, assets.

When the borrower loses income, the lender's assessment of the borrower's assets as repayment guarantee:

1. What kind of property do you own to mortgage?

2. Do you have a savings account?

3. What is the investment in mortgage?

Third, repayment ability.