Page 103 - Winning The Credit Game Bundle (CK Patrick)

decide how much money to lend an individual or business, how
much interest to charge, and sometimes whether to do business
with a company at all or whether the company seems too
distressed or risky.
Because so many potential lenders and business partners will
look at our credit scores to make important decisions about our
businesses , it’s important to understand who the major credit
bureaus are and how to make sure the credit reports they put
together about our businesses look great. Meet the most impor-
tant business credit bureaus in the U.S.:

Dun & Bradstreet. This is the “gold standard” of
business credit bureaus by many people because it
offers reports, not just on a business’s credit history
, but also on matters like its “business family tree,”
which shows a list of businesses with which a given
business is legally or financially intertwined.
Dun & Bradstreet is even experimenting with offering
cybersecurity ratings to evaluate a company’s risk of
suffering a hack or other IT system failure.
We will show you how to apply for a D-U-N-S
number and establish your Dun & Bradstreet credit
report in Chapter 2.
Equifax business credit scores. Equifax is one of the
Big 3 credit bureaus which compiles personal credit
scores, and they offer business credit scores too. As
in personal credit, Equifax is considered one of the
most reputable and comprehensive business credit
scoring agencies.
Experian business credit scores. Like Equifax,
Experian is considered one of the Big 3 players in
both personal and business credit reporting.

Throughout this book, we’ll learn how to use our knowledge
of these bureaus to build business credit history to the point

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