The Dun and Bradstreet Paydex Business Credit Score
The main credit score used in the business world is widely known as a Paydex score provided by Dun and Bradstreet.
This particular quantity assess a business’s lending risk much the just like a consumer credit score reflects a consumer’s specific credit danger.
Paydex is actually the merchant equivalent of the personal credit score of yours.
The actual meaning from Bradstreet and Dunn, or D&B is: The D&B PAYDEX® Score is D&B’s unique dollar weighted numerical indication of the way a firm given the bills of its within the past 12 months, based on trade experiences reported to D&B by various vendors.
There are lots of BIG differences from a company Paydex score as well as an individual FICO consumer score.
Consumer FICO better credit repair service – watch this video – scores range from 350-850. The Paydex Score ranges from 0-100 with 100 being the highest score you can get.
Individual credit scores are calculated based on many things.
The Paydex score is estimated based on only one factor; whether a company produces timely payments to its suppliers as well as creditors inside the agreed upon terms of payment.