Credit Rating Agencies and Speedy Payday Loans INTERNATIONAL RESOURCE ALLOCATION: Trade with Incomplete Information 4 INTERNATIONAL RESOURCE ALLOCATION: Trade with Incomplete Information 3 INTERNATIONAL RESOURCE ALLOCATION: Trade with Incomplete Information 2

Archive for October, 2015

Credit Rating Agencies and Speedy Payday Loans

Credit Rating Agencies and Speedy Payday Loans

Credit ratings mean bond issuers’ trustworthiness. Therefore, the ratings affect interest rates on corporate bonds. Since the ratings show trustworthiness, better ratings mean better financial...