When considering a loan, a banker attaches great importance to three things:
the borrower's ability to repay the loan, the borrower's credit history, and
the borrower's character. The first two considerations can be calculated
mathematically; the third requires judgment and experience. Prudent bankers
have learned that persons of character are always a good risk because they
take their obligations seriously while those who spend their resources on
the trappings of success should be avoided at all costs. Protect your good
reputation as you would protect your home, your investments, and your life.
Once shattered, a good reputation can only be regained by those who have
developed the courage and willpower to persevere in the face of great odds.
the borrower's ability to repay the loan, the borrower's credit history, and
the borrower's character. The first two considerations can be calculated
mathematically; the third requires judgment and experience. Prudent bankers
have learned that persons of character are always a good risk because they
take their obligations seriously while those who spend their resources on
the trappings of success should be avoided at all costs. Protect your good
reputation as you would protect your home, your investments, and your life.
Once shattered, a good reputation can only be regained by those who have
developed the courage and willpower to persevere in the face of great odds.
via Ping.fm
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