How many types of credit ratings are there?

What are the different types of credit ratings?

Different credit rating scales

Rating Scale India Ratings & Research ICRA
Highest safety: Lowest risk of turning into a defaulter IND AAA ICRA AAA
High safety: Very low credit risk IND AA ICRA AA
Low risk IND A ICRA A
Moderate safety: moderate credit risk IND BBB ICRA BBB

What are the four credit ratings?

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

How many credit rating are there?

Globally, there are only three main ratings agencies that provide credit ratings: Moody’s, Standard & Poor’s (S&P), and Fitch Ratings.

What are the 5 levels of credit scores?

What Do Your Credit Scores Mean?

  • Exceptional: 800 to 850. FICO® Scores ranging from 800 to 850 are considered exceptional. …
  • Very good: 740 to 799. FICO® Scores in the 740 to 799 range are deemed very good. …
  • Good: 670 to 739. FICO® Scores in the range of 670 to 739 are rated good. …
  • Fair: 580 to 669. …
  • Poor: 300 to 579.
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What is Equifax credit?

What is Equifax? Equifax is a credit bureau. Equifax tracks the credit history of borrowers in order to generate credit reports and credit scores. It sells this information to banks and other financial institutions in order to help them determine the credit risk of their customers.

What are the stages of credit score?

FICO 8 and 9 consumer score ranges

Credit score ranges Rating
300–579 Poor
580–669 Fair
670–739 Good
740–799 Very good

What is A1+ credit rating?

Such instruments carry lowest credit risk. [ICRA]A2 Instruments with this rating are considered to have strong degree of safety regarding timely payment of financial obligations. Such instruments carry low credit risk. … Thus, the rating of [ICRA]A1+ is one notch higher than [ICRA]A1 and so on.

What are the types of bond ratings?

Moody’s Investors Service Bond Ratings

Rating Description Grade
Aa Obligations of high quality, with very low credit risk. Investment
A Obligations of upper-medium-grade, with low credit risk. Investment
Baa Obligations of moderate credit risk that may possess speculative characteristics. Investment

What is B credit rating?

What is a B credit rating? A credit rating given to a prospective borrower that’s not of investment grade Sometimes known as a B2 rating, it suggests a company or government is able to meet its financial commitments but may be left highly exposed to adverse economic conditions.