: Governance structures and historical repayment behavior.
: Ratings of BB+ and below (or Ba1 for Moody's). These suggest higher risk and often result in higher interest costs for the borrower. Credit Rating vs. Credit Score While often confused, they serve distinct roles: Credit Rating Credit Score Applied To Businesses, Governments, Bonds Individual consumers Format Letter grades (AAA, B+, etc.) 3-digit numbers (e.g., 300–850) Providers S&P, Moody's, Fitch FICO, VantageScore Impact Institutional borrowing & Bond prices Personal loans, Credit cards, Mortgages Determinants of a Rating credit rating wiki
Agencies conduct both quantitative and qualitative analyses, including: : Governance structures and historical repayment behavior
: Unlike personal credit scores used for individuals, credit ratings are assigned to corporations, national governments (sovereign), and structured finance products . Credit Rating vs
: Ratings are expressed as letter grades, typically ranging from AAA (highest quality) to D (default) .