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Fitch Ratings is one of the leading global credit rating agencies, alongside Moody’s and S&P Global Ratings. Founded in 1914, Fitch provides credit ratings, research and analysis to financial ...
[19] [20] Higher scores indicate lower credit risk. [21] Experian classifies FICO credit scores lower than 580 as very poor, 580–669 as fair, 670–739 as good, 740–799 as very good, and 800–850 as exceptional.
In August 2011, S&P downgraded the long-held triple-A rating of US securities. [1] On August 1, 2023, Fitch downgraded its credit-rating of United States Treasuries from AAA to AA+, as S&P had twelve years earlier, leaving only Moody's to still assign its highest rating to the country's debt.
Fitch Ratings is a subsidiary of Fitch Group, a holding company wholly owned by Hearst Communications. [13] Fitch Group also operates Fitch Solutions, a distribution channel for Fitch Ratings products and a provider of credit market data and financial analytics. [14] Fitch Group employs approximately 5,000 people, including over 1,600 analysts ...
Fitch is one of three major credit rating agencies, along with S&P Moody’s, that evaluate a company or country’s ability to pay its debts. ... The agencies use scales to “rate” a debtor ...
Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance ...