Month: November 2019

What do diamonds and credit have in common?

Most of us know the 5 Cs of diamond quality: Color, Clarity, Cut, Carat, and Certification. But there is another set of Cs that are more valuable than diamonds. They are the 5 Cs of creditworthiness. Creditworthiness is an assessment conducted by a lender (or creditor) in order to determine the likelihood of a borrower defaulting on a loan. Lenders …

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