Credit Quality
This is a fancy way of saying "bond rating." Credit quality refers to the investment grade associated with a mutual fund or bond. A credit rating agency like Fitch or Moody's will grade the bond based on the likelihood of default, and the quality of the assets in the vehicle. Grades may range from AAA to AA for high "credit quality" all the day down to CCC, CC, or C for junk bonds.
A lot of these agencies got in trouble during the financial crisis, because they were assigning AAA grades to bonds and mortgages that had extremely high default risks.
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Finance: What is the Equal Credit Opport...6 Views
Finance a la shmoop what is the Equal Credit Opportunity Act? alright people while the
federal government thinks everyone should have the equal opportunity to get [Men in Federal Government appear]
into debt isn't that sweet of them you know that Uncle Sam well he sure does
have a heart of gold this federal law makes it illegal to discriminate against
people who are applying for financing on pretty much anything legal based on
their age gender marital status religious affiliation ethnic or national
background or public assistance benefits your credit score however well that
still matters sorry just keeping it real
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