Business Credit Tips

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Top Tips to Improve Your PAYDEX Score:

Pay All Bills Early (Not Just On Time)

  • Why it matters: Dun & Bradstreet’s PAYDEX score rewards early payments. Aim to pay vendors 10–20 days before the due date for a score above 80.

Establish Trade Lines with Vendors That Report

  • Why it matters: Only vendors that report to D&B help build your PAYDEX. Use companies like Uline, Grainger, Quill, and Summa Office Supplies early on.

Maintain a Clean Business Credit File

  • Why it matters: Disputes, errors, or outdated information can lower your score. Check and update your D&B profile regularly.

Open a DUNS Number ASAP

  • Why it matters: You must have a D-U-N-S Number to generate a PAYDEX score. It’s free at dnb.com

Separate Business and Personal Credit

  • Why it matters: Use an EIN, business checking account, and business credit cards to establish a clear credit identity.

Use Net 30 Vendors Strategically

  • Why it matters: Vendors offering Net 30 terms give you a chance to pay early and increase your score. The more trade lines in good standing, the better.

Avoid Overextending Credit

  • Why it matters: Too many accounts or high utilization can raise red flags. Keep balances manageable and spread across vendors.

Ask for Credit Increases

  • Why it matters: Larger credit lines lower utilization and show financial trustworthiness. It’s a positive signal to D&B and lenders.

Monitor Your D&B Report Monthly

  • Why it matters: Catch errors early. Use tools like Nav or D&B Credit Monitor to track changes in real time.

Build a History of Consistency

  • Why it matters: PAYDEX scores rely on consistent, e arly payment behavior. Stay active and regularly use credit, even if it’s in small amounts.