Sentences with phrase «weaker financial profile»
NEW YORK, Nov 7 (Reuters)- Moody's Investors Service on Friday cut its ratings on MBIA Inc's (MBI.N) insurance arm and also sent ratings on the holding company's debt into junk territory, citing diminished business prospects and a weaker financial profile.
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A student loan default will likely remain in your credit report for seven years and if your financial profile is weak you may have to pay more to borrow or you could have your loan and credit card applications rejected.