How to run a business credit check

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How to run a business credit check

Published By Janet Gershen-Siegel at January 26, 2018

141202 checklist stock 1152x480 - How to run a business credit check>

Have you ever run a business credit check? We can show you how to do this most necessary task and stay on top of your business credit scores.

Your best bet as a business owner is to check business credit reports from PAYDEX, Equifax, and Experian. There are three big credit reporting bureaus for businesses and you really should evaluate all three of them regularly as they use marginally different measurements and so moving the needle for one can move the needle for the two others, though perhaps not as much. Do not allow your company credit scores slide, as you have to catch any errors as soon as you can, and spot anything which is pulling scores down and then take remedial steps. You can obtain credit reports conveniently and stay right on top of all three scores by following a few basic steps.


Dun & Bradstreet’s PAYDEX score of a company can wind up being among the fundamental reasons that a business gets credit in any manner. D & B provides Credit Signal, which is a means to keep an eye on a credit score by having the reports come straight to you, for a price. You may find the cost is well worth it to avoid the inconveniences that can arise from letting this score slip, and to not have to develop and take care of the schedules and reminders you might need to keep up with if you do not make use of it.

Don’t want to utilize Credit Signal? No worry, as you can obtain a PAYDEX report via D & B and, if need be, you can call their Customer Service department (this department exists as a part of Dun & Bradstreet itself). Additionally, in order to review a PAYDEX report, check out what D & B provides, which is a specimen report and even some higher level tips in how to interpret it.


Equifax, one of the large credit reporting bureaus, supplies a risk monitoring service which is easier as it permits reports to go directly to you. If you don’t wish to pay for continual reports, you can as an alternative request a company’s Equifax report. On top of that, if you have to challenge a company’s Equifax report, you can do so by following the instructions on their site. You can learn how to read through a Equifax report by taking a look at a sample of their reports.


Experian, another big credit reporting company, also offers a method for obtaining reports sent to you for a charge. Thus you can monitor a Experian small business credit score here and the setup is easy. On the other hand, if you prefer to not get ongoing reports (and pay for them), then you can order a distinct Experian report for a company on their web site. Also, if there are any problems or matters of contention, you can challenge any inaccuracies on a company’s Experian report if you follow the directions on their web site. Learn about assessing an Experian report by examining a sampling Experian small business credit report.

Frequently, it pays to hand over a few dollars in order to make sure you acquire a company credit reports routinely. It’s a lot less troublesome than have to remember to do this and you’ll probably check out these reports more meticulously, as they come at a price. Continue target and use the tools these credit reporting firms provide, and make life less complicated. It goes without saying; you’ve already got enough on your plate.

A result of the recent data breach, there are all the more reasons to go over small business credit reports and personal credit reports, and be vigilant about any problems you find.

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