Question: View the first episode (FIRST HOUR) in link https://www.youtube.com/watch?v=fsrtB5lp60s and answer the following How do credit and interest, in the form of a modern credit

View the first episode (FIRST HOUR) in link https://www.youtube.com/watch?v=fsrtB5lp60s

and answer the following

How do credit and interest, in the form of a modern credit card, compare with the early forms of credit and interest you saw in the medieval Italian banks? What is the same? What is different?

In order to give any kind of loan be it a small business loan, credit card, home equity loan, etc. the lender has to determine the borrowers ability to repay the loan, or creditworthiness. Throughout history, money-lenders and banks have established different criteria for determining a borrowers creditworthiness. Can you come up with some examples of what criteria you think medieval banks would have used to establish creditworthiness.

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