The principal credit score used in the business world is known as a Paydex score provided by Bradstreet and Dun.
This particular number analyze a business's lending threat much the same as a consumer bad credit loans fast (visit the following web page) rating reflects a consumer's own credit risk.
Paydex is essentially the company equivalent of your special credit score.
The exact meaning from Dunn & Bradstreet, or maybe D&B is: The D&B PAYDEX® Score is D&B's unique dollar-weighted numerical indication of how a firm given its bills within the past 12 months, based on trade experiences found to D&B by a variety of vendors.
There are numerous BIG differences from a business Paydex score plus a personal FICO consumer score.
Customer FICO credit scores vary from 350-850. The Paydex Score ranges from 0 100 with hundred being the highest score you are able to get.
Unique credit scores are calculated based on a number of things.
The Paydex score is calculated based on just one single factor; whether a business makes prompt payments to its creditors as well as suppliers within the agreed upon terms of payment.