Sentence examples for a third credit from inspiring English sources

New Jersey's bond rating was downgraded yesterday by a third credit rating agency, Moody's Investors Service, because of the state's heavy borrowing to balance the current budget.

These new quality-control guidelines were rolled out this summer and call for a second credit review.

The LTRO scheme proved hugely popular with banks under pressure from a second credit crunch.

A second credit, ranging from $250 to $1,000, would rise depending on the projected fuel savings over the vehicle's life.

What he's describing is a second credit crunch – this time primarily affecting ordinary consumers, rather than banks or businesses, and kicking-in in just two years' time.

Stronger banks will reduce the risk of a second credit crunch, making it easier for private-sector firms to finance expansion or secure working capital.

The council is also expected to discuss creating electronic money to ease concerns that Europe is heading for a second credit crunch in four years.

There was further bad news for Osborne when a second credit ratings agency, Fitch, served notice that it was almost certain to strip the UK of its AAA credit rating.

The announcements came alongside a novel plan to avoid a second credit crunch by the Treasury buying corporate bonds from small businesses, the first time it has intervened so directly to get money to business.

A Treasury official said: "An aim is to avoid a second credit crunch because of the risks of sorting out the euro crisis affecting the operations of the bond market".

"It's like borrowing on a second credit card when you reach your limit on a first credit card," he said.