What Is A Good Credit Rating – Tips For How To Hire
What is a Credit Rating?
Did you know everyone has a credit score which indicates how good they are paying debts? Well, your banks have a similar one called a credit rating.
A credit rating is an assessment made by an independent rating agency, of a bank’s ability to repay its debt.
Ratings, help depositors and other creditors make more informed decisions when placing money with a bank.
When rating agencies assess banks ability to repay their debts and their general soundness, they look at a range of information that is similar to the Bank Financial Strength Dashboard.
You can learn more about your bank’s credit rating on the bank financial strength dashboard.