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Politics : Formerly About Advanced Micro Devices

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From: zax10/20/2016 10:27:29 PM
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FOX: Trump’s Business Has a Credit Score of 19 Out of 100

Donald Trump loves to brag about his supposedly tremendous wealth and skills as a businessman. Like so much else in his campaign, however, these claims are nothing but vacuous lies. Serious analyses of Trump’s business empire have already conclusively demonstrated its overwhelming failure, with Newsweek characterizing Trump’s business career as “a long, long list of bankruptcies, defaults, and deceptions.” Now we have proof evidence of Trump’s business imbecility from yet another angle, that of his company’s business credit score. Similar to personal credit scores, business credit scores rate the financial credibility of companies based on how they’ve handled debts and obligations in the past and can be important in determining interest rates and loan approvals. With so much talk about Trump’s businesses recently, Nav, a leading business credit score organization, decided to run scores for The Trump Organization.

What they found totally destroys any claim Trump has to being a well-oiled business tycoon. According to their report, The Trump Organization has a credit score of 19 out of a possible 100, putting it in the 19th percentile of all businesses. In fact the Trump Organization’s finances are so mismanaged the Nav rates the organization as “very likely to default on its credit payments” and a “medium to high risk” for investors.

</snip> Read the rest here: occupydemocrats.com
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