Your Dun & Bradstreet credit reports and scores are being used to make all kinds of decisions
about you, including whether you should be approved for credit or financing or denied how much
money you should actually be approved for and the rates and terms you're going to pay so if you ever
want to get the most money at the best terms for your business, you need to understand everything
about checking your business credit report with Dun & Bradstreet. That's exactly what we're going
to dive into in this training we're talking about D&B credit reports and scores what's on these
reports how to navigate your credit scores how to access your Dun & Bradstreet credit reports,
everything you need to know to have the best reports and scores with Dun & Bradstreet to
be able to get the most money at the best terms we're going to be talking about today, I'm going
to give you my best tips and tactics to build credit with Dun & Bradstreet and at the end of
this training if you stick around you're going to get access to our business credit building guide
that will walk you through the step-by-step process to start from scratch and build a really
cool credit profile with Dun & Bradstreet we've got a lot to cover so let's dive in.
Dun & Bradstreet they're really important they're by far the biggest business credit
reporting agency 10 times bigger than Experian which is the second biggest business credit
reporting agency and their data is used by all kinds of sources lenders credit issuers insurance
providers and many more that make all kinds of decisions about you. So you've got to make sure
you're checking your credit reports regularly with Dun & Bradstreet, now you can go to them directly
at dnb.com but you'll find that of all the products they offer it's typically about 150
bucks a month to monitor your credit just with Dun & Bradstreet. So if you want the most effective
cost effective solution then go to creditsuite.com/ monitoring at creditsuite.com/monitoring
it's only $24 to monitor all of your commercial credit reports. So once you
access your commercial credit reports you want to see what's happening with Dun & Bradstreet now
D&B is only going to create a credit report score for you if you meet two very specific criteria
first of all you have to have a DUNS number with them if you don't have a DUNS number you can go
to creditsuite.com/duns d-u-n-s that'll give you a quick link to where you can
set it up it takes about 10 or 15 minutes to set up your DUNS number with Dun & Bradstreet they
will probably call you trying to sell you their credit monitoring product which you absolutely
don't need if you don't want to be sold then don't take their call, but it's 100% free to get your DUNS
number and takes anywhere between a few days to three weeks to actually get that issue. Now the
second thing you need is you've got to have three accounts reporting to Dun & Bradstreet before
they create a credit profile for you. So a lot of approches and say why won't Dun & Bradstreet
give me a credit profile what's because you don't have your DUNS or you don't have three accounts
reporting to them. So get your duns number then the next step is to start building business credit and
get accounts that report to Dun & Bradstreet at the end of this training I'm going to give
you access to our business credit building guide that's going to give you the step-by-step process
to be able to do so. Now once you've accessed your business credit reports you're going to see a
lot of things on them there's going to be a summary section with summary information about
what's on your credit report. There's going to be a trade experience section that's going to talk about
all the trade vendors that report to the Dun & Bradstreet your payment history with them you're
going to see DBT information which is days beyond terms which reflects how you're paying your bills you
paying early on time or you're paying them late if you get your actual D&B reports from D&B you'll see
about five credit scores which determine all different levels of risk if you get your main
credit scores from NAV or from creditsuite.com/monitoring our source with NAV
you're going to see your main credit score which is your Paydex score which is like a mathematical
calculation that reflects how you pay your bills on average so it's very important in the business
world that you get accounts report to dmb and then you pay them on time or early that's the
key to getting a good score that paydex score ranges from 100 with 100 being the best score
you're going to get 80 or higher reflects you pay your bills on time so you've got to get
accounts that report and then pay them on times as early as possible to have an 80 or score
or higher that's the key to getting the most money at the best terms for your business. On
a D&B report you're going to see a public record section with lawsuits, and judgments, and anything
else to do with negative public records can be on there as well including collections you'll
see a UCC filing section where lenders notify other lenders that they have outstanding loans
with you by putting it in the UCC found doesn't adversely affect your credit scores it's going to
have all kinds of summary information about your business your business name the revenue if you've
supplied your financials to D&B the number of employees you have the industry you're in as well.
There's a lot of other information including inquiries the number of inquiries you have it
doesn't adversely affect your credit scores, but it will reflect the number of people inquiring
in to your Dun & Bradstreet information as well. So that gives you an idea of what
you can expect score wise and report wise once you do actually access those D&B0 reports. Now if
you have a negative information on your D&B credit reports that shouldn't be there well then you want
to dispute it with them they provide you a free way through a tool called their D&B dashboard, so
you can go to the Dun & Bradstreet dashboard and you can basically update any information on the
credit report you believe to be inaccurate you've got to be careful here because again your credit
score with D&B, your main one the Paydex score looks at the average of how you pay your bills and
it's reflected in this mathematical formula that is Paydex. But the problem is if you typically
dispute something with Dun &Bradstreet they will remove the entire account instead of just update it.
So if you have an account with Office Depot for example with 12 months of good payment history
in one month or bad, well then you got to be really careful if you dispute that one month of bad they
removed the entire account, you lost your 12 months of good history so be very careful and
cautious only dispute when you know something's inaccurate and expect that entire account get
removed because more times than not that's exactly what happens and again any of that
information you can update through Dun & Bradstreet's dashboard. So now you know what
Dun & Bradstreet's reports have and the scores and actually how to build credit scores that are positive
with Dun & Bradstreet but how do you actually build credit that reports to Dun & Bradtreet, well if you
want to do that grab our free guide at creditsuite.com/eiin at creditsuite.com/ein
ein you'll get our step-by-step business credit building guide to help you build business credit
with Dun & Badstreet, Equifax, and Experian you can also get in touch with us and we'll give you
free copies of your business credit reports with D&B we'll actually help you get copy of your
credit report with Dun & Bradstreet, Equifax, and Experian help you get 30 days of no cost credit
monitoring with all three stages you like 250 bucks from getting it from the bureaus directly
we'll review those reports with you and give you tips and tactics to improve your business credit
we'll also do a fundability assessment to help you fix anything that's wrong with your fundability
do a funding qualification to tell you all the credit financing you qualify for right now it
all happens on a consultation you can get that by visiting creditsuite.com/consult.
that's creditsuite.com/consult give us a call at 877-600 -2487
that's 877-600-2487 or you can email us for your free consult at info@creditsuite.com did you get
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our next training where we talk about more cool ways to get money to start and grow your business.