Biz Credit Accts vs. Personal Credit Accts

[Anonymous]

Are credit issues with Business accounts dealt with in the same manner as Personal accounts?

[Anonymous]

I would imagine they would be similar but different. The size and type of the business play a much larger role. Business with few persons in it probably run more like personal credit. Larger business run completely different and get away with much more. This question is very unspecific. I can only give a general answer.

[Tuscani]

Business credit uses an entirely different system. Different reports and scoring model.

[Anonymous]

How does one go about understanding about their buisiness credit profile the way we can here?

[Anonymous]

When you apply for business credit they check your Paydex score. If you don't have a Paydex yet then they pull your personal file. If you have a good Paydex they don't do a pull on your personal file.

Normally you build up a Paydex by starting with revolving business accounts.

[Anonymous]

You can go to www.dnb.com and on the front page to the right type in your company name and get a copy of your company credit report. 

[Tuscani]

Experian and Equifax also offer biz reports and scores. But the standard is DNB Paydex.