1. This chapter discussed the need financial institu- tions have to control credit risk by lending to...

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1. This chapter discussed the need financial institu- tions have to control credit risk by lending to cred- itworthy borrowers. If you allow your credit to deteriorate, you may find yourself unable to borrow when you need to. Go to http://www.quicken. com/cms/viewers/article/banking/39654 and assess your own creditworthiness. What can you do to improve your appeal to lenders?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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