Lenders aren't just cautious about lending to people with a bad credit rating. |
But in other countries, you may need to build up a credit rating from scratch or there may be problems with exchange controls. |
It is one of a handful of American companies with an AAA credit rating, something it has sustained for 85 years. |
The lower the credit rating, it is believed, the higher the chances are for a country to default on its sovereign debt obligations. |
If the issuer has a bad credit rating, bond traders demand higher yields to compensate for the extra risk. |
Instead of selling loans with fixed interest rates, they offer tailored rates based on your credit rating. |