08-28-2012 09:49 PM - edited 08-29-2012 08:13 AM
Year ago I opened a company using UPS box address. I wanted to avoid my home address. My company is online business. Based on building credit guide I published my company on yellow books, yelp.. and tried to get DUNS number. I also was needed card proccessing service so I went with chase, where I had business checking account on order to get approved they asked to verify business place and not allowed to use UPS store address. Long story short they declined my application, so I went with paypal in few hours I had everything working. Later I got a place to share with another business. I have my company name on lease and phone, internet provider.
Few days ago I got a call from DnB, they tried to sell credit builder service. I asked them to send all info to my email and also got my DUNS number. I will call to duns to get my access to my file. I know that you cannot do often changes on account.
Now I start reading forum again for instructions and got question: what address to use on applications when apply for credit? It have to match address on DnB profile, right? UPS store, home address or shared place for business. I prefer to use UPS store. But want to be prepared for questions.
08-29-2012 06:50 AM
I'd use the shared business address. The home address isn't a biggie since most creditors will ask for a PG anyway and would have your home address via your CRs. But one day you might want employees and wouldn't want to tell them where you live. I helped a friend do the same as you did. I charge him $50/mo rent to house his mail in my office and to use the office address as his official address.
08-29-2012 09:12 PM
No. IME the only time DnB used the number on my report is when they used it to call us to sell their reports. Yellow pages doesn't aid in credit and i wouldn't worry about that. I tell them to delist us but they won't.
09-04-2012 08:53 PM
Definitely use the shared office address. As you apply for more business credit, most will not accept a PO Box or UPS box or whatever other options are out there. They want the physical address.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.