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What state has the worst credit rating?

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Answered 2012-01-13 02:42:38

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

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Related Questions


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.


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.


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


Pacific Credit Rating was created in 1993.


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


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.


there are 7 credit rating agencies in INDIA


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.


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.


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.


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



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


Dagong Global Credit Rating was created in 1994.


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


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.


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.


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)


Generally a student loan does not affect your credit rating


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


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


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.



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