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Interesting facts

  • A credit rating evaluates the credit worthiness of a debtor, especially a business (company) or a government. It is an evaluation made by a credit rating agency of the debtor's ability to pay back the debt and the likelihood of default.
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  • The Short Term Export Credit Guarantee Program (GSM-102) is one of the Commodity Credit Corporation (CCC) export credit guarantee programs. (GSM-102) covers credit terms up to three years. It underwrites credit extended by the private banking sector in the United States (or, less commonly, by the U.S. exporter) to approved foreign banks using...
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