when you become Incorporated is it true you get triple AAA credit???

0 ⤊

when you become Incorporated is it true you get triple AAA credit???

2006-07-17 15:19:03 · 4 answers · asked by ? 3 in Business & Finance ➔ Credit

4 answers

Yes no maybe so and will you go out with me?

2006-07-18 06:47:48 · answer #1 · answered by supersuck13 2 · 0⤊ 0⤋

No, incorporating isn't an automatic super-duper credit rating. Credit is determined by your actions over time. Do you consistently repay your debts in full and on-time? Do you borrow too much?

Bottom line, there's no free lunch!

2006-07-18 08:09:51 · answer #2 · answered by msoexpert 6 · 0⤊ 0⤋

Do all corporations have a AAA credit rating?

2006-07-17 22:22:18 · answer #3 · answered by Today is the Day 4 · 0⤊ 0⤋

No, credit ratings are based on the rating agency's estimate of a corporation's ability to repay debt. There is more than one rating agency.

2006-07-17 22:31:10 · answer #4 · answered by George 2 · 0⤊ 0⤋