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NO. At AA+, the US is still considered to have a "strong" ability to meet its obligations. In fact, apart from the United States, only four countries now have the AAA rating. They are: Canada, Germany, France and the United Kingdom.
In addition, Treasuries have rallied this week, driving the yield on the benchmark 10-year note to 2.34 percent, its lowest level in about 10 months. This suggests people still view the US as a safe place to invest
What else can I help you with?
What are the release dates for Front Page with Allen Barton - 2009 Debt Crisis What Will a U-S- Credit Rating Downgrade Mean for for the Rest of Us?
Front Page with Allen Barton - 2009 Debt Crisis What Will a U-S- Credit Rating Downgrade Mean for for the Rest of Us was released on: USA: 29 July 2011
What does discharge of a debt mean when it is not associated with bankruptcy does it mean the debtor is fullt released from the obligation to repay the debt?
Yes, if a debt is discharged the debtor no longer has to pay.
What does downgrade mean?
these nuts
What does a 0 balance charge off mean?
A 0 balance charge off means that the debt company has given up trying to collect the debt. It may sound good, but the effect on the credit rating is very bad.
What does the rating AO mean?
AO rating mean Adults Only
What is internal charge off?
A bank or a loan company can "charge off" a small amount of debt to get the amount off their books. However, this will affect a person's credit report. And it does not mean the person does not have to pay the debt. A debtor should still work to pay off the charge off, to clear the debt and save their credit rating.
How can you find out if a debt has been written off?
The term "written off" does not mean the debt has been cancelled/forgiven. The term indicates that the original creditor will no longer continue to collect the debt in the usual manner. The debtor will receive a notice from the original creditor of whatever further action will be taken with the account.
Are bad debts that are written off taxable or not?
"Written off" does not always (usually) mean a debt is not still collectible. The term "forgiven" indicates that the creditor no longer considers the debt valid. When a debt is forgiven the debtor will receive a 1099C from the creditor/collector and a copy is sent to the IRS.. The debt is then considered income and must be reported on the debtor's tax return as such.
What does debt outstanding mean?
That u payed your debt in full
What does hit the black mean?
its when you are in debt and you come out of debt when you get money.
What does a credit rating of A mean?
Means the person with the A rating is trustable
What does the power rating of an appliance mean?
what is the power rating of energy
