The Bradstreet as well as Dun Paydex Business Credit Score
The primary credit score utilized in the business world is widely known as a Paydex score supplied by Bradstreet and Dun.
This particular quantity evaluate a business’s lending risk much the comparable to a consumer credit report reflects a consumer’s specific credit repair after bankruptcy; similar website, risk.
Paydex is essentially the company equivalent of your individual credit score.
The meaning from Dunn & Bradstreet, or D&B is: The D&B PAYDEX® Score is D&B’s special dollar-weighted numerical signal of how a firm paid its payments over the past year, according to industry experiences reported to D&B by a variety of vendors.
There are many BIG differences from an organization Paydex score plus an individual FICO consumer score.
Customer FICO credit scores vary from 350-850. The Paydex Score ranges from 0-100 with 100 being the highest score you are able to get.
Unique credit scores are calculated based on many things.
The Paydex score is calculated based on just one single factor; if an organization produces timely payments to its creditors as well as vendors inside the agreed upon terms of payment.