Search results
Results from the WOW.Com Content Network
Poor credit could get in the way of your ability to borrow money affordably. That could make it harder to buy a car, own a house, or even finance a cellphone purchase. It pays to do what you can ...
The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of 2011 on August 2, 2011.
People with very poor credit have a VantageScore between 300 to 499, people with poor credit have a score between 500 to 600, people with fair credit have scores between 601 to 660, and good ...
Credit scores can function as a form of social hierarchy that creates opportunities to exploit poor Americans. This can also prevent people from ever escaping their poverty or a poor financial past. [21] Credit scoring systems also act as a way to treat individuals as objects that are subject to a particular set of quantifiable attributes. [22]
Yes, however, a 500 credit score is considered poor as VantageScore considers a bad score to be 600 or lower and a FICO score of 699 or lower, so if your score is below these you may want to take ...
A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors when looking to invest in particular jurisdictions, and also takes into account political risk.
This is a list of U.S. states by credit rating, showing credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's. The list is given as of May 2021.
The United States is one step closer to losing its last perfect credit rating after Moody’s Investors Service changed the outlook of the nation’s debt to negative on Friday after markets closed.