I am hoping somone might have some words of wisdom here. Our company Incorporated in July and we recieved our DNB number the first of August. I had a strange phone call from DNB who left a voicemail stating we had over 50 inquiries on our report since it started in Jan. Sounded like a scam or sales pitch since we had only been incorporated with a DNB number assigned a few weeks, so I didn't respond. I have managed to open up 4 net 30 accounts. All of which have been paid within 3-5 days of recieving the invoice.
Fast-forward to today, I went to update some information on our DNB report (thanks to a potential client we found out our address was listed wrong and several other things were incorrect). While in there, I discovered the following were listed as poor: Paydex, Delinquency Predictor Class, Financial Stress Class, Supplier Evaluation Rating and our D&B Viability Rating is Fair.
I contacted DNB and was told my company and/or number has had failed ratings reported to them, but the only way to get that information on what companies is to get their Credit Managment/Builder (thanks to browsing these forums, I have learned it isn't necessary). They told me, if I purchased this I could then go up and input my net 30 accounts and they would verify it, otherwise they will only update our DNB credit file every six months.
So my question is, what do I do? Is there a way to correct this? I am so at a loss and am frustrated right now. Two potential factoring companies we need to be able to utilize for a contract we are bidding on only rely on DNB and with scores like this we will NOT be able to move forward.
