Page 166 - Winning The Credit Game Bundle (CK Patrick)

I know—that’s a lot of numbers and ratings! Each one is
calculated based on a slightly different set of factors, drawn from
Dun & Bradstreet’s analyses of business performance over the
years.
Different D&B scores are used by different potential business
partners for different purposes. Consider which moves your
business might be most likely to make in the near future when
deciding which scores to consider optimizing.
Will you be seeking a loan or a major credit line in the near
future? Then it might be wise to optimize your PAYDEX score,
delinquency predictor, and credit limit recommendation. Will
you be seeking to be contracted with other businesses to supply
parts or services? Then you may wish to research how to opti-
mize your SER rating.

MONITOR BUSINESS EXPERIAN

Experian is one of the major players in both personal and busi-
ness credit. Although you might recognize it as one of the major
bureaus you monitor for your personal credit, its business credit
scoring system is quite different.
Once your Experian credit report has been established, you
can check it through Experian or through other credit moni-
toring services. Your Experian credit score will be a number from
1 to 100, with an Experian business credit score of about 75 indi-
cating excellent odds of approval for business financing and
favorable terms on items including credit cards, loans, and
certain types of insurance.

MONITOR BUSINESS EQUIFAX

Like Experian, Equifax is a major provider of business and
personal credit reports. It is considered one of the top three,
along with Dun & Bradstreet and Experian. Like Dun & Brad-
street, Equifax provides several numbers to help potential
lenders and buyers rate your business’s reliability. These include

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