No. But that is when they received the AAA rating from S&P. However, in August 2011, S&P downgraded US credit rating to AA+
Your mom Your mom Your obese mom
Standard & Poor's
Which among these is a credit rating ?
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.
It depends on who you are dealing with. Visa for instance has your number no matter where you go.
a poor credit rating would be 0
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.
USA's credit rating according to S&P (August 5th, 2012) is AA+. For a while the US had an AAA rating, but it has dropped due to rising debts. This isn't as bad as some European countries' though.
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
Pacific Credit Rating was created in 1993.
The purpose of a credit rating is to determine a person's creditworthiness.