Business Credit Repair
Strangely enough, I get some questions about repairing of business credit files, so I decided that I will make a short post about this.Let me explain a couple things. DnB is under very little regulation and there are not business credit laws like there are personal credit laws so technically you do not have many rights when coming to business credit. If you have bad credit, the most you can do is call DnB and tell them it was not you and hope that they change it. 9 out of 10 times you will be stuck with a low paydex score. The best advice I can give someone in that situation is to get another corporation if you plan to build business credit. If your paydex is salvageable (above 70), I will simply say to ploy away at net 30′s and current vendors so that they will report positively to boost your score. Also, negative remarks only stay on yoru credit for two years, so thats a plus.
marc
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