Corporate and government entities are rated to help investors decide whether to buy their bonds or extend trade credit.

A "credit ratings check" is a diagnostic tool used by lenders, investors, and individuals to assess the financial reliability of a person, company, or even a country. It provides a standardized measure of the likelihood that a borrower will fulfill their debt obligations. 1. Consumer Credit Checks

: Payment history is the largest driver, accounting for roughly 35% of a score. 2. Business and Sovereign Ratings