Credit Score Report Guide

May/10

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Why does a small business have to pay a fee in order to get a credit report built & scored?How to do quicker?

Question by RE Investor: Why does a small business have to pay a fee in order to get a credit report built & scored?How to do quicker?
Dun & Bradstreet was paid in March to create a PayDex score and credit file on my 8 year old business. Now that they have the money, they say that the creditors I listed are NOT D&B members, so D&B can not use them as a reference. D&B will not return any money paid to perform the service they were paid to do. As a small business, real estate rehabber/investor/wholesaler, I need to be able to borrow in the corporate name without any attachment to my personal credit. Other companies I contacted for business credit building want money also.How can I be sure that a credit report will be built for my company, without personal attachment, IF I pay another fee to another company? I really just need a few hundred thousand dollars to start…maybe Trump would want to help me out…I’m a big fan of his! I can’t even imagine…anyway, how can I get guaranteed results in building a business credit report and obtaining a line of credit in the business name?

Best answer:

Answer by sam
to cover the processing charges

What do you think? Answer below!

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  8. How Small Business Credit Reports Impact Your Company
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  10. Lenders likely to order second, last-minute credit report before closing on a mortgage

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1 comment

  • morelandwilliams · May 20, 2010 at 9:54 pm

    300.00 is a hell of a service charge for setting up a file tht you never asked for to begin with– they send you mail saying your credit rating has changed and you didn’t even know you had one with them ..

    man if you find an answer let me know– same situation here.. what a scam– they set up a file and people who laos have D&B profiles use it but you nca only see your file if you pay them .. no answer here but i feel you pain

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