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For the same reason that when an individual's credit rating is downgraded: it costs more to borrow money because of increased risk to the lender.

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Q: Why is the credit rating downgrade for the United States from ''AAA'' to ''AA plus'' bad?
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Related questions

How do you use the word downgrade in a sentence?

The company's financial performance declined, leading credit agencies to downgrade its credit rating.


Why did the United States lose its AAA credit rating?

because the s and g has fallen below triple AAA credit rating


What is the name of a credit rating agency in Calgary?

DBRS is a credit rating agency with locations in Calgary. DBRS specializes in the gas and oil industry. Various other credit rating agencies exist in Canada and in the United States.


What companies offer auto credit to those with a bad credit rating?

There are a few companies which offer auto credit to those with a bad credit rating. A common one in the United States is called Auto Credit Express Loans.


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


If you have a terrible credit rating in the UK and move to the USA will they be able to check this?

It depends on if the company in the United States that your trying to establish credit with has an office in the UK.


Can you transfer your credit rating from Canada to the United States?

No. There is no way to transfer credit ratings. You can, however, request that lenders pull a Canadian report (if they are able).


What does the rating BE on a movie stand for?

The United States does not have a BE rating.


Can a person with a dishonorable discharge own land?

Your discharge status does not typically affect your credit rating. There is no problem with owning land.


Why did Standard and Poors lower the rating of US?

The credit rating agency believes the outstanding debt of $14.3 trillion and projected deficits for coming years in the United States no longer warrant the top-tier rating that it had assigned to the United States since over 6 decades ago. It also said that the political environment does not build confidence that the United States can agree on how to lower the deficit in a meaningful way any time soon.


What does the rating gdje mean?

There is no gdje rating for theatrical films in the United States.


Where can people find credit rating histories?

You can get a credit rating history by checking your credit scores. Most states allow you to get a copy of your credit report once per year. You can visit www.equfax.com, www.experian.com, and www.transunion.com to apply for those reports.