Tuesday, December 09 2014
Dun and Bradstreet is the biggest of the three business credit reporting agencies.
Clients that purchase Business Credit Building Services don't actually need to or have to purchase anything from D&B to establish their business credit profile and score.
If you ever speak with Dun & Bradstreet you should know that D&B, will ALWAYS try to sell you something.
D&B might tell you that you HAVE to pay for the DUNS number, that you HAVE to pay for your credit file activation, and that you HAVE to pay for other things. In reality, you DON'T have to pay for these things at all.
As part of the TRW Biz Credit Builder Suite, you can set up your D&B profile and obtain your DUNS number for free. This saves you almost $800 from what D&B would charge you directly.
All you needs to do is follow the instructions in step 3 to setup your DUNS number. Once you have your 4th vendor account setup and reporting to D&B, the credit profile will then be automatically activated for you at no cost.
It will take you up to 30 days to get your DUNS number in the mail. You can get it faster, but only if you elect to enroll and pay for the D&B credit monitoring service. You don't need this service, but some of my clients get it to receive the DUNS number faster and to monitor the D&B credit profile and score.
One of the benefits for our clients in having the TRW Biz Credit Builder Suite is that you have the assistance of your advisor to know what to do and what not to do. This alone will save you thousands of dollars, insuring that you are not misled by the bureaus, and help you quickly build your business credit the right away.
We have taken the guess work out of the business credit building process, insuring it is easy for you to build your business credit quickly and successfully.