AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit ...

Germany needs to overcome its structural weaknesses if it wants to keep its AAA credit rating in the long term, Eiko Sievert, ...

After recently shooting up to their highest level since May, rates on 30-year mortgages have moved the other way—falling four ...

Kenya’s fiscal health has received a boost after global credit ratings agency Moody’s Ratings (Moody’s) revised the country’s ...

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent), the Long-Term Issuer Credit Rating of “a” (Excellent) and the Mexico National Scale Rating of ...

President William Ruto welcomed the new credit rating from Moody's, which showed a positive outlook for Kenya's debt ...

NEW YORK — Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. U.S. credit card defaults jumped to a record $46 billion from January through September ...

There are several levels of consequences when credit card payments are not made. It begins with late fees, higher interest rates and a potentially lower credit score. If a borrower doesn't pay for ...

External finances are stabilizing and the likelihood of a credit event is declining. The Caa3 rating still means that the country's obligations are in poor standing and subject to very high credit ...