The higher your credit score, the better
the rating about your creditworthiness.
Not exact matches
These days they often include argumentum ad hominem attacks, such as sly references to the agencies» sterling
ratings on Lehman Brothers the day before it filed for bankruptcy, that distract from relevant discussion
about the country's
creditworthiness.
Depending on a borrower's
creditworthiness and other factors, interest
rates can run from
about 6.5 percent to nearly 36 percent.
Namely, bond coupon payments are determined by market interest
rates, the type of issuing entity (government bonds pay lower coupons than corporate bonds because of lower default risk), the
creditworthiness of the issuing entity (AAA companies pay lower coupons than CCC companies), and the maturity of the bond, which we will talk
about next.
Banks are very strict
about credit
ratings which are the most reliable indicator of a borrower's
creditworthiness.
A Standard & Poor's issue credit
rating is a forward - looking opinion
about the
creditworthiness of an obligor with respect to a specific financial obligation.
In the United States the credit scoring system you will hear
about most is the FICO score, a score used by the major credit agencies to
rate your
creditworthiness.