Credit rating

By | 2017-09-13T13:27:31+00:00 13th September 2017|

Credit ratings assess the creditworthiness of a borrower or of a particular debt. A credit rating may be assigned by a credit agency to any entity that seeks to borrow money – an individual, corporation, authority or sovereign government. Examples of credit rating agencies include the USA’s Standard & Poor’s, Fitch and Moody’s.