Varven@lemmy.world to Memes@lemmy.ml · 5 months agothe debtlemmy.worldimagemessage-square146fedilinkarrow-up11.07K
arrow-up11.07Kimagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 5 months agomessage-square146fedilink
minus-squaredisguy_ovahea@lemmy.worldlinkfedilinkarrow-up11·edit-25 months agoCredit rating also depends on credit to debt ratio. You want to keep it below 35%, so you would need a credit line of $100T or more to have a great rating.
minus-squarehumorlessrepost@lemmy.worldlinkfedilinkEnglisharrow-up18·edit-25 months agoI think sovereign debt would work like an AmEx Platimum with “no fixed limit”, which makes the algorithm ignore utilization.
Credit rating also depends on credit to debt ratio. You want to keep it below 35%, so you would need a credit line of $100T or more to have a great rating.
I think sovereign debt would work like an AmEx Platimum with “no fixed limit”, which makes the algorithm ignore utilization.