Tag Archive: cbs news

Aug 28

The Ins and Outs of America’s Recent Credit Rating Downgrade and How It Will Affect You

wall st

Basically, the situation with the recent credit rating downgrade of the nation is comparable to what would happen if an individual’s score declined. The riskier the customer, the more they have to pay in order to borrow money, and unfortunately, if the government has to pay more, then so will you. Mortgages – Fixed rate …

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