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Feb 10
2009

Time For A Refresher On The 5 C�s Of Credit?

Posted by Ed O'Leary in Talking Credit

Take Ed O’Leary’s 30-second credit test 
 
We’ve not heard much about the “Cs of Credit” in a while, so I wonder how many of you remember what they are.  Here’s a list to work from—pick five. Don’t scroll down until you’ve made your pick.
 
    Capital
    Collateral
    Charm
    Conditions
    Chutzpah
    Capacity
    Charisma
    Collections
    Caring
 
 
Made your choice? Now scroll to the bottom.
 
 
 
 
 
 
 
 
 
 
There appears to be no industry consensus on which five.

Tell me in an answer below which five you picked, and why.

 
About Ed O'Leary:

oleary.jpgVeteran lender and workout expert O'Leary spent more than 40 years in bank commercial credit and related functions, working with both major banks as well as community banking institutions. He earned his workout spurs in the dark days of the 1980s and early 1990s in both oil patch and commercial real estate lending.

    O'Leary began his banking career at The Bank of New York in 1964, and worked at banks in Florida, Texas, Oklahoma, and New Mexico. He served as a faculty member and thesis advisor at ABA's Stonier Graduate School of Banking for more than two decades, and served as long as a faculty member for ABA's undergraduate and graduate commercial lending schools.
    Today he works as a consultant and expert witness, and serves as instructor for ABA e-learning courses and a frequent speaker in ABA's Bank Director Telephone Briefing series. You can hear interviews with Ed about workouts here . You can e-mail him at etoleary@att.net. O'Leary's website can be found at www.etoleary.com


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