Saturday, November 25, 2017
 

How credit reporting agencies work

just how credit reporting agencies work

On Aug. 5, The united states’s credit rating was slashed from AAA to a AA+ because of the reviews agency traditional & bad’s. The next Monday, the Dow Jones Industrials typical dropped a lot more than five %. That has people wondering just what a ratings agency is, and why it is therefore powerful. Senior Publisher Paddy Hirsch describes.

 

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