A-credit, Financial Management

A-Credit is the highest credit grade existing as allotted to a borrower by a lender. Lenders use a credit grading system to make the borrowers eligible. The more the borrower's credit grade, the lower the interest rate presented to that borrower on a loan.

Credit grading by lenders is based on various factors, involving a borrower's debt-to-income ratio, FICO score, loan-to-value ratio and past delinquencies. This grade of credit can be related with a plus or minus for more depth. In this situation, a grade of "A+" would signify a higher credit worthiness than a score of "A-".

 

 

Posted Date: 7/27/2012 1:24:57 AM | Location : United States







Related Discussions:- A-credit, Assignment Help, Ask Question on A-credit, Get Answer, Expert's Help, A-credit Discussions

Write discussion on A-credit
Your posts are moderated
Related Questions
Q. Evaluate Cost of Irredeemable Debt subsequent to tax? Cost of Irredeemable Debt subsequent to tax: - When a company utilizes debt as a source of finance then it saves a cons

TC  Shipping Ltd has decided to purchase a machine to augment the company's installed capacity to meet the growing demand for its products. There are three machines under considera

Fundamentals of Structured Product Engineering 1. (a) Let r m denote the m month swap rate (or Libor rate). Subsequently the 3 × n month forward rate f (3 ×n )

conflicts between shareholders and government in agency relationship

Planning to Achieve Budget Goals: It is insufficient for an organisation or a project team to simply set budget goals and expect management and employees to work in the same ma

What are the main elements of capital budgeting decisions There are three elements of capital budgeting decisions (i) long-term assets and their composition (ii) business

State the meaning ofUnlimited profit sharing Unlimited profit sharing means that equity shares have an unlimited potential for dividend payments and price appreciation. Which i

Determine the calculation of materiality For example: Turnover 1% -1.5% Net assets 1% -2% Net profit 2% -6% Whatever numbers are selected they would be based on r

A firm has sales of $6,500, net income of $500, total assets of $12,000, and total equity of $700. Interest expense is $1000. What will be the common-size statement value of the in

in 2002, jackson incorporated had gross sales of $4269200. for 2002, management estimated that returns and allowances would be 5 percent of gross sales. what did jackson report as