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What is a superior credit rating?

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Answered 2008-03-31 05:10:00

Varies by lender, but 800+ is definitely good.

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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 purpose of a credit rating?

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

When was Pacific Credit Rating created?

Pacific Credit Rating was created in 1993.

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

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.

How can you improve your car credit rating?

Increasing a car credit rating is the same to improve as ones overall credit rating. The most effective way to improve a credit rating is to make payments on time and of the correct amount. Another key component to improving the rating is to pay down all credit balances that are outstanding.

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.

What are the 3 C's of credit rating?

The three C's of credit rating are Capicity,collateral, and Character.

When was Dagong Global Credit Rating created?

Dagong Global Credit Rating was created in 1994.

What state has the worst credit rating?

Illinois has the worst credit rating in the Uninted State of America!

What is the full form of ONICRA which is a credit rating agency?

Onida individual credit rating agency

What is a D credit rating?

A D credit rating is the opposite of a D cup breast - bad.

Will opening a new credit card affect your credit rating?

Yes. Any new credit account or loan will effect your rating.

Details about credit rating?

A credit rating evaluates the credit worthiness of an issuer of specific types of debt, specifically, debt issued by a business enterprise such as a corporation or a government. It is an evaluation made by credit rating agency of the debt issuers likelihood of default Credit ratings are determined by credit ratings agencies. The credit rating represents the credit rating agency's evaluation of qualitative and quantitative information for a company or government; including non-public information obtained by the credit rating agencies analysts. Credit ratings are not based on mathematical formulas. Instead, credit rating agencies use their judgment and experience in determining what public and private information should be considered in giving a rating to a particular company or government. The credit rating is used by individuals and entities that purchase the bonds issued by companies and governments to determine the likelihood that the government will pay its bond obligations.

What are the objectives of credit rating?

A credit rating is designed to show an potential lender whether a customer is a good risk. This helps lenders know who is credit worthy by the number associated with their rating.

What is considered a five star credit rating score?

A five star credit rating usually refers to the credit worthiness of borrower. This rating gives a confidence to the lender that the credit under the same circumstance will be returned by the borrower.

Who are the credit rating companies in India?

There are currently four (4) credit rating bureaus in India: * Credit Information Bureau of India (CIBIL) * Experian Credit Information Company of India (ECIC) * Equifax Credit Information Services (ECIS) * Highmark Credit Rating (HCR)

How does deferring a student loan affect credit rating?

Generally a student loan does not affect your credit rating

How can a teenager start building their credit rating?

As long as you pay off all your payments that you paid on your credit card your credit rating will increase.

What is the purpose of credit rating agency?

A credit rating agency assigns credit ratings to certain types of debt obligations and debt instruments.

What does a 0 on your credit rating mean?

It means that you do not have a credit yet.Aplly for a credit card at locally store and charge something then pay it off right awat then you will have a credit rating.