credit | KERA News

credit

Updated at 1:08 p.m. ET

A major credit rating agency is warning that it will reconsider the nation's AAA rating if the partial U.S. government shutdown continues into March and raises doubts about the ability of Congress to lift the debt ceiling.

A downgrade of the nation's pristine credit rating could lead to higher borrowing costs for the U.S. Treasury, companies and consumers.

Julia Rendleman for NerdWallet

Virginia real estate investor Olivia Quinn says she lost her mortgage because Rent-A-Center, the nation’s largest rent-to-own company, failed to correct her credit report. She had paid off her rented merchandise — twice.

Leroy Walton of Georgia settled his account with Rent-A-Center in 2013, his records show. But for years after, he says debt collectors pursued him, even threatening him with arrest.