Business Credit Reporting Agency

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Business Credit Reports and other Credit Report topics.

Are there credit reporting agencies for businesses?

Business Credit Reporting Agency

When a business applies for credit, financial institutions check their credit history, too. A business credit reporting agency, like Dun & Bradstreet, is used to provide a record of how the business has paid their debts. Just like with a consumer credit report, business credit reports contain information on how much debt a business has and how much the monthly payments are. A business has to maintain a good credit rating in order to get the lowest interest rates on future credit.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Credit Report Tip Site? Request a Tip Now!


Guru Spotlight
Alexis Niki