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 Terms, which is very similar to the good ole “Paydex Score”.  It measures how many days late that your company pays it’s bills. A DBT of 10 means that you pay your bills 5 days after they are due; a DBT of 20 means taht you pay your bills 20 days late and so on. A DBT of 5 is similar to a 75 Paydex score. If you do not understand the paydex score click here.

The credit ranking score measures the overall credit risk of the company as predicted by Experian. An ideal credit ranking score is 80.

This is just the basic explanation to understand your score.

- mike

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