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How to find out your business credit rating
Having good business credit is also important if you want to sell products that you did not make, in order to be a distributor, you have to have good business credit. So, having good business credit ratings is important.
Being aware of your business credit rating is the way to keep it good. If you are aware of it, you are more likely to catch any errors on it, and work towards improving it. So, how do you find out your business credit rating? If you feel you need to find out your business credit rating more often then every three months, then you can pay to get your credit report through several private agencies. However, beware of false claims. Many of the credit reporting agencies out there are a scam, and are just out there to take your money. If you do not know that the company is legitimate then check with the Better Business Bureau, and ask for referrals. So, for your free reports: You can pay for your business credit rating through using a company like: Depending on your business type, you may have no charge through some of these reporting agencies. For example, with the business credit rating company, if there is no Dunn and Bradstreet Report listed for your company, there is no charge. Where and how to get your business credit report should be determined by why you need it. If you just want it to make sure nothing is being reported inaccurately, a very wise thing to do, then use the three credit reporting agencies free annual reports. If you want to know your score to determine what kind of rates you will get with a loan, then you will likely need to pay for your credit report. Why would you want to find out your business credit rating? You want to look at it to see if there are suits, liens or judgments showing on your report. You will also want to know how many creditors are reporting your company's payment habits.If you only need your business credit rating to get your business a loan, then have your loan officer get it for you. However, it is smart to know your credit rating before you go in so you can get better rates, and have a better negotiating stance. You should know that your Business Credit Report is available to the public, insurance companies,your vendors and anyone else, do you know what it says about you? Well, you should, so visit myannualcreditreport.com today and get your free credit report.
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