My Business Credit Journey to 1,000,000

Entries for May, 2008

Understanding Experian’s Business Credit Rating System

Most people ask about your Paydex and how to get a paydex and few people ask about their experian business  credit rating but the truth is, some businesses do pull your experian score and it is important. Experian’s scoring system consist of  two factors, DBT and the Credit Ranking Score. DBT stands for Days Beyond [...]

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The Perfect Company Profile for Building Business Credit

Knowing what the ideal company is will always help you to compare to your company to ensure that you are set up right. Getting your company to close to the ideal profile will help when underwriters look at these “profile items”. They use these items to make credit decision, from approvals and denials to the [...]

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The Game is Changing – DnB

This is the first series of “The Game is Changing”, and I will cover a few aspects such as , DnB, CPN’s and necessary credit scores. It is no secret that we are in a credit crunch and this is one of the reasons that the game in changing. In the passed credit was given [...]

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Biz 1 Still doing it.

I was sitting bored yesterday and decided to look for another account to apply to and I applied to Sears Business account from Citi and got approved. Remember, nothing new has posted to Biz1′s credit. I still have 4 trades and an 80 paydex. I got approved for $10K. YAY.. One more step closer to [...]

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Another Approval

One more for Biz 1. I need to stop playing around and work on more than one at a time. I got a $15,000 with wright express…. this is awesome….again..4 trades showing..80 paydex…highest $250. Can’t wait to see what will happen when Office depot, staples and dell shows up on the credit. – mike

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DnB is getting ruthless

DnB is being more and more ruthless with respect to reporting for companies who do not pay the “Credit Builder” fee. The times for trades to show up on your business credit file is taking longer and longer. One of my businesses showed one trade in the first 30 days and the other 4 trades [...]

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The Lies of DnB. Proof.

Today one of my wonderful readers forwarded an email that was sent to him by DnB with the half truths that we speak about and I pasted most of it for you guys to see what to expect. Again, READER, thank you for calling about getting a Duns# for READER CO Inc.. As I explained, you must pay [...]

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Biz 1 on a role. One more step closer to $1000000 in Business Credit

Basically all I have been doing recently is letting you guys know what credit I am getting. I just got approved for a DELL VLOC for $20,000. WOOOHOOOO Biz1 has 4 trades…80 paydex…….. highest trade is $250….I simply told them that I need 30 laptops for my sales team. – mike

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