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Impaired Credit

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Impaired credit
Result of a borrower's reduced credit rating.

Impaired Credit
A credit rating or FICO score that has recently been reduced. A company or individual may have impaired credit if its financial situation changes in such a way that there is a greater likelihood of defaulting on a bond or business or personal loan. Impaired credit makes it more difficult for a company or person to borrow more funds.


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Of course, an FHA mortgage loan can also help people with impaired credit to get into the housing market.
Country risk is the risk that economic, social, or political conditions in a foreign country might adversely affect an organization's financial condition, primarily through impaired credit quality or transfer risk.
He examines the gap between rhetoric and actual reform, the impact of impaired credit on exports and the by-now-traditional search for those in the previous government responsible for today's troubles.
 
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