How Corporate Credit Ratings Affect Business

A credit ratings is an evaluation of the credit worthiness of a debtor, especially a company or a federal government, but not person consumers.┬áCorporate credit ratings are determined by credit ratings agencies. The credit standing represents the credit ratings agency’s evaluation associated with qualitative and quantitative information for a company or federal government; including non-public information obtained from the credit rating agencies’ experts. The corporate credit ratings is used by means of individuals and entities that find the bonds issued by means of companies and governments to look for the likelihood that the government will pay its bond obligations.