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What are the Credit Rating Bands?

Updated: 9/20/2023
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Anandvijayakumar

Lvl 1
12y ago

Best Answer

The rating bands issued by the rating agencies are grouped as follows:

1. Prime Investment Grade

2. High Investment Grade

3. Medium Grade

4. Speculative/Risky

5. High Risk

6. In Default

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12y ago
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Related questions

What is the credit rating scale?

A credit rating estimates the credit worthiness of an individual, corporation, or even a country. It is an evaluation made by credit bureaus of a borrower's overall credit historyThe rating bands issued by the rating agencies are grouped as follows:1. Prime Investment Grade2. High Investment Grade3. Medium Grade4. Speculative/Risky5. High Risk6. In Default


Which among these is a credit rating agency?

Which among these is a credit rating ?


What does the bond credit rating assess?

Bond credit rating is used to assess the credit worthiness of a corporation or government's debt issues. A bond credit rating is similar to a credit rating that an individual person receives.


What is a poor credit rating?

a poor credit rating would be 0


What is a credit ratingvgggjgggg?

A credit rating is a rating of how well a person pays their bills. If bills are paid on time the credit rating goes up.


What is the difference between credit score and credit rating?

The difference between credit score and credit rating is simple Credit score (or credit history) is the history of paying back debt where as credit rating the the reputation for paying back money owing


When was Pacific Credit Rating created?

Pacific Credit Rating was created in 1993.


What is the purpose of a credit rating?

The purpose of a credit rating is to determine a person's creditworthiness.


Can your credit rating or score improve without using your credit card?

Yes, your credit rating is based upon all forms of credit, not just your credit card. For example if you have a telephone on a plan, this is a form of credit and that will add to your credit history which increases your credit rating.


How many credit rating agency in India?

there are 7 credit rating agencies in INDIA


When bad credit expires does the credit rating go up?

No. Your credit rating will remain the same long after the bad credit has expired. In order to get a better credit rating, you'll have to obtain a credit card or loan of some sort. Making monthly payments and staying within the credit limit will gradually improve your credit rating over time.


What is the key purpose of credit rating agencies?

The key purpose of credit rating agencies is to assign a rating to businesses and entities that issue certain types of debt. These rating help to determine the credit worthiness of these establishments.