“Scrub” Your Business Credit Report Clean Using This Method

Have you recently checked your business credit report?

Have you found items that shouldn’t be on there like negative, incorrect or duplicate information?

Luckily you have the ability to remove items from a credit report – or can you?

True or False…

Items on your business’ credit report are permanent.

If you thought that your credit report is written in stone – you’re not alone.

The good news is that – you CAN change the information on your business credit reports.

When it comes to your personal profile, most negative information falls off your credit report after 7 to 10 years. But you can increase your credit score MUCH faster if you remove derogatory items and build a positive credit history.

The same is true for your business credit reports and profile…

If you find that there is inaccurate information reporting, you can ask the credit bureaus to change it or remove it. If there are accounts that are missing from your business credit report you can ask the creditors to report that information.

Remember, your business credit history only grows if you work with creditors who actually report your payment experiences to the commercial credit bureaus.

If they don’t report, it doesn’t help to build up your business credit reports.

However, you can also add supplemental information (like bank and trade credit references) to your company’s credit report to show potential investors, vendors and lenders your consistent payment history.

What to Do If You Find Mistakes on Your BUSINESS Credit Reports

In the event that you find errors, fall prey to identity theft, or find other inaccuracies in your credit report, contact the credit bureau – make them aware of the mistakes and request that they do an investigation.

Do keep in mind that your business credit report is fairly public – lenders aren’t the only ones that can see it…

Anyone that pays for it can pull your company’s credit profile.

Vendors or other companies that are considering doing business with you can also view your business credit report.

This makes it extremely important to ensure the accuracy of your reports and maintain a strong credit history.

Inside Corporate Credit Secrets you’ll learn how to establish & maintain excellent business credit. Reducing the time it takes to get approved for high limit credit (with no personal guarantee) down to a few months (or weeks.)

*Plus we’ll even show you how to add information and remove negative items from your report.

Get Access to Corporate Credit Secrets

Worried you’ll have to put up collateral to obtain funding? Don’t miss tomorrow’s email! Times have changed! We’ll be debunking this myth and so much more.

Your friends in finance,
Private Wealth Academy