What would the US government's credit score be?

Asked by: Blaze Braun  |  Last update: February 9, 2022
Score: 5/5 (71 votes)

Standard & Poor's credit rating for the United States stands at AA+ with stable outlook. Moody's credit rating for the United States was last set at Aaa with stable outlook. Fitch's credit rating for the United States was last reported at AAA with negative outlook.

What is the United States of America's credit rating?

Credit rating agency Moody's has delivered a calming verdict on the U.S. fiscal situation, confirming its “stable outlook” on the nation's AAA sovereign credit rating and expressing its view that Congress will raise the debt ceiling this month.

What is the average US citizens credit score?

The average credit score in the United States is 698, based on VantageScore® data from February 2021. It's a myth that you only have one credit score. In fact, you have many credit scores.

What is China's credit rating?

Standard & Poor's credit rating for China stands at A+ with stable outlook.

Does the US government have good credit?

The U.S. government enjoys the highest credit rating ("AAA"/"Aaa") from two of the Big Three CRAs.

What Would Happen If USA Stopped Paying Its Debt?

37 related questions found

Is 788 a good credit score?

A 788 credit score is Very Good, but it can be even better. If you can elevate your score into the Exceptional range (800-850), you could become eligible for the very best lending terms, including the lowest interest rates and fees, and the most enticing credit-card rewards programs.

Is 785 a good credit score?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 785 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.

What is a perfect credit score 2021?

Credit scores range from 300 up to 850, which is considered perfect credit.

Has the US credit rating ever been downgraded?

Markets care about a lot of things. Credit ratings aren't one of them. 10 years ago today, Standard & Poor's made a $2.1 trillion math error, fought with the Treasury for several hours, then downgraded America's credit rating from AAA to AA+.

Did the US ever defaulted on its debt?

The credit of the United States is built on centuries of stability and responsibility. This country has never intentionally defaulted on its obligations because of the debt limit.

Why was US credit rating downgraded?

In 2011, S&P downgraded the top rating of the United States by a notch to its current AA-plus level. Mukherji said defaults in other countries usually result from economic and financial stresses, and that political factors were driving the debt ceiling debate in the United States, which has a recovering economy.

Is a 900 credit score possible?

A credit score of 900 is either not possible or not very relevant. ... On the standard 300-850 range used by FICO and VantageScore, a credit score of 800+ is considered “perfect.” That's because higher scores won't really save you any money.

What does an 850 credit score get you?

Your 850 FICO® Score is nearly perfect and will be seen as a sign of near-flawless credit management. Your likelihood of defaulting on your bills will be considered extremely low, and you can expect lenders to offer you their best deals, including the lowest-available interest rates.

What is the average credit score in America 2021?

The average American FICO score for 2021 is 716, and the average VantageScore is 695. Credit score averages vary across demographics, including by age and by state.

Can I get a car loan with a 785 credit score?

A 785 FICO® Score is considered “Very Good”. Mortgage, auto, and personal loans are easy to get with a 785 Credit Score. Lenders like to do business with borrowers that have Very Good credit because it's less risky.

Can I get a mortgage with a 785 credit score?

A 785 credit score is often considered very good — or even excellent. With excellent credit, your credit scores become more of a bridge and less of a roadblock — a high score can help you qualify for premium rewards credit cards, auto loans and mortgages with the best terms.

What's the max credit score Canada?

In Canada, your credit score ranges from 300 to 900, 900 being a perfect score. If you have a score between 780 and 900, that's excellent.

Is 762 a good FICO score?

Your score falls within the range of scores, from 740 to 799, that is considered Very Good. A 762 FICO® Score is above the average credit score. Consumers in this range may qualify for better interest rates from lenders. 25% of all consumers have FICO® Scores in the Very Good range.

Is 800 a good credit score?

Your 800 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.

Is 790 a good credit score?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 790 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.

What is the government's credit?

The Government Credit Strategy is an investment grade, long-intermediate duration bond portfolio that seeks to preserve capital and prudently improve returns. This strategy is designed for investors who have a higher tolerance for price volatility relative to shorter duration strategies.

Which companies have a AAA credit rating?

As it stands, only two U.S. corporations have a AAA rating as of February 2020: Microsoft (MSFT) and Johnson & Johnson (JNJ).

Is 874 a good credit score?

An 874 credit score is excellent.