The 5 C’s of Credit: Banks Analyze for Creditworthiness


The 5 C’s of credit evaluate a borrower’s creditworthiness. Creditworthiness refers to a borrower’s ability to borrow, use, and return money based on the agreed conditions. Financial institutions use this factor to determine one’s credit limit and the interest rate to charge on loan.  They review five factors when evaluating a borrowers’ creditworthiness: character, capacity, … Read more

What is Personal Finance and Why It is Important?

What is Personal Finance?

‘If you don’t plan, you plan to fail,’ is a quote from the famous philosopher Benjamin Franklin. It is often applied in the management of business operations but it can be used in financial planning too. Individuals and households need to plan their finances to maximize existing financial resources, meet financial obligations, and achieve financial … Read more

Selling Books on Amazon: Ultimate Guide


Selling books on Amazon is a very profitable business. In 2014, Amazon made more than 5 Billion USD from the book’s industry alone. Imagine how much the company must be making today! Amazon makes this much money by a system of affiliation and subscriptions, upon many other services related to the publishing industry and online … Read more