You Got This: How to Easily Pull and Review Your Business Credit Reports

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You Got This: How to Easily Pull and Review Your Business Credit Reports

Published By Janet Gershen-Siegel at September 2, 2017

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Your best bet as a small business owner is to stay on top of your business credit reports from PAYDEX, Equifax, and Experian. There are three big credit reporting agencies for businesses and you really need to check all three of them regularly as they use slightly different criteria and so moving the needle for one can move the needle for the two others, although maybe not as much. Do not let your business credit scores slide, as you need to pounce on any errors as soon as you can, and also spot anything which is pulling your scores down and then take corrective action. You can get your reports easily and stay right on top of all three scores by following a few simple steps.

PAYDEX

Dun & Bradstreet’s PAYDEX score of your small business can end up being one of the main reasons why your company gets credit at all. D & B offers Credit Signal, which is a way to keep track of your credit score by having the reports come directly to you, for a fee. You may find the cost is well worth it in order to avoid the headaches that can come from letting this score slip, and to not have to create and manage the scheduling and reminders you might need to keep up with if you don’t use it.

Don’t want to use Credit Signal? No problem, as you can get your PAYDEX report here and, if necessary, you can contact their Customer Service department (this department exists as a part of Dun & Bradstreet itself) here. In addition, D & B’s PAYDEX Customer Service phone number is here. In order to review your PAYDEX report, check out what D & B provides, which is a sample report and even some higher level guidance in how to interpret it.

Equifax

Equifax, one of the large credit reporting agencies, offers a risk monitoring service which is more convenient as it allows for reports to come straight to you. If you don’t want to pay for ongoing reports, you can instead order your business’s Equifax report here. In addition, if you need to dispute your smallbusiness’s Equifax report, you can do so by following the instructions here. You can learn to review your Equifax report by checking out a sample of their reports.

Experian

Experian, another big credit reporting agency, also offers a means for getting reports sent to you for a fee. Hence you can monitor your Experian business credit score here and the setup is easy. However, if you would rather not get regular reports (and pay for them), then you can order an individual Experian report for your company here.Also, if there are any problems or issues, you can dispute any errors on your company’s Experian report if you follow the directions here. Learn about reviewing your Experian report by reviewing a sample Experian business credit report.

Sometimes, it pays to hand over a few dollars in order to make sure you get your business credit reports regularly. It’s a lot easier than having to remember to do this and you’ll probably look at these reports more carefully, as they come at a price. Keep on track and use the tools these credit reporting agencies provide, and make your life easier. After all, you’ve already got enough on your plate.

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