23 ms·
It's not just about the ratings. If a person is too risky you simply don't lend them money.
by curiousgal 7y ago
It's not just about the ratings. If a person is too risky you simply don't lend them money.
- AndrewDucker 7y agoBut where "too risky" lies is very-much a personal decision. It's the rating on the debt which makes it clear exactly how risky it is, and allows people to make a decision about it.
- ambicapter 7y ago> But where "too risky" lies is very-much a personal decision. What? No. Its a statistical decision. Its a question of how good your data on your risk profile and the risk the creditee represents is.