U.S. Lost Its Perfect Credit Rating. Who Still Has It.
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Moodys credit rating downgrade is 'very problematic'
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Despite Friday's U.S. credit-rating downgrade, fiscal concerns are unlikely to drive markets for very long. Yes, investors are more worried about the federal government’s borrowing than usual. The tra
A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into underwriting, it could alter credit scores.
Financial ratings firm Moody’s Ratings downgraded the U.S. government’s credit ratings Friday, citing its rising debt and interest in a move that underscores a ballooning federal budget deficit, making it the last of the big three firms to downgrade the government’s credit.
Moody's stripped the US of its top credit rating, reinforcing Wall Street's concerns over a ballooning budget deficit. The move also sending ripples through corporate America as refinancing costs increase.
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As federal student loan servicers once again report delinquent accounts to credit bureaus, borrowers feel the impact and struggle to get back in good standing.
Certain agencies have garnered a reputation for inflating private-credit ratings, lending executives say.