Published By Janet Gershen-Siegel at May 14th, 2018
Written by Janet Gershen-Siegel
An online business credit report is easy to get. Your best choice as a company owner is to remain on top of your business credit reports from PAYDEX, Equifax, and Experian. There are three big credit reporting bureaus for small business. So you absolutely need to check all three of them on a regular basis.
This is because they use moderately different criteria. Therefore moving the needle for one can move the needle for both of the others. Although maybe not as much. Do not let your business credit scores slide! You must catch any mistakes soon as you can. Also pinpoint anything which is dragging your scores down and then take corrective steps. Get your reports easily and stay right on top of all three scores by following a few easy steps.
Dun & Bradstreet’s PAYDEX score of your company can end up being among the prime reasons why your company gets credit in any way. D & B furnishes Credit Signal, which is a means to keep an eye on your credit score by having the reports come directly to you, for a cost. You may find the expense is well worth it to avoid the hassles that can stem from letting this score slip. Also, you would not have to create and take care of the organizing and reminders you might need.
Don’t want to use Credit Signal? No worry, as you can get your PAYDEX report through D & B and, if need be, you can contact their Customer Service department (this department exists as a section of Dun & Bradstreet itself). In addition, in order to review your PAYDEX report, check out what D & B provides, which is a specimen report and also some higher level assistance in the way to interpret it.
Equifax is one of the large credit reporting bureaus. They have a risk monitoring service which is more convenient as reports go straight to you. If you don’t want to shell out money for continual reports, you can instead request your small business’s Equifax report.
In addition, if you need to question your small business’s Equifax report, follow the instructions on their site. You can learn to read through your Equifax report by taking a look at an example of their reports.
Experian is another big credit reporting company. They also have a way to have reports sent to you for a charge. Thus you can keep track of your Experian business credit score here and the setup is simple. On the other hand, if you would rather not get ongoing reports (and purchase them), then you can order an individual Experian report for your firm. Do so on their website.
Likewise, if there are any problems or matters of contention, you can dispute your company’s Experian report. Just follow the instructions on their site. Find out about reviewing your Experian report by evaluating a sample Experian company credit report.
In many instances, it pays to hand over a few bucks. This is to assure you get your business credit reports regularly. It’s a lot less complicated than to have to always remember to do this. And you’ll probably look at these reports more thoroughly, as they come with a price tag.
So use the tools that these credit reporting firms supply, and make your life less complicated. After all; you’ve already got enough on your plate.
Because of the recent data breach, there are even more reasons to peruse your company and individual online credit reports, and be vigilant about any problems you discover. What frustrates you the most about an online business credit report?.