The best replacement for credit risk is market risk.


The best alternatives to credit risk are rated as following:
★★★★★  market risk
★★★  default risk
★★  interest rate risk
★★  counterparty risk
★★  operational risk
★  liquidity risk
★  settlement risk
  duration risk
  equity risk
  financial risk

Your alternative for credit risk is not listed? Suggest!
Speaking about credit risk, one probably shouldn't forget about basel ii.

Other search terms related to credit risk and their ratings are:

★★★★★ basel ii
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Google Trends

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credit risk
market risk
default risk