Been working on my business credit the last 2 months. Here's some advice I received from a Nav CSA. It's up!
Hello Jovonni,
Thanks for reaching out. Unfortunately, because business records are public, the full business credit reports do not show who the specific vendor is. Also, there are no laws over business credit that make it so companies have to report information to the business bureaus. It is all on a voluntary basis. To determine what tradelines are reporting, I would recommend contacting your vendors and asking them these questions:
-Do you report? If so, to which bureaus?
-How often do you report? When will you start reporting for my business?
-What date do you report on?
-If I make a payment before you report, does that affect your reporting?
-Are there any terms that need to be met in order for you to report for me?
-What information do you report? (positive or negative)
-Do you report to business credit bureaus or personal credit bureaus?
Thanks for sharing!