How to View Credit Report for a Tax ID
If you have a business, your tax ID provides a method for getting credit approval to expand your business and finance various projects. To maintain a good credit rating, you should access your business credit report periodically to make any updates or catch any errors. Dun and Bradstreet, Equifax, and Experian are used for reporting business credit. Close monitoring of your business credit reports allow you to watch your business grow and develop financially. Your tax ID number is essential toward accessing your credit reports for your business.
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Instructions
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Obtain a DUNS number. A DUNS number, offered by Dun & Bradstreet, is sometimes required to build a credit profile for your business. It's optional for some businesses to report to Dun & Bradstreet, but your Dun & Bradstreet credit profile is the most common business credit report. You can apply for a DUNS number on Dun & Bradstreet's website (http://www.dnb.com); you should have the number within 30 days.
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Contact the businesses that you currently have credit with to find out where they report your company's timely payments, if at all. Dun & Bradstreet and Experian are widely used bureaus for business credit reports. Equifax has business credit reports as well. Contacting the creditors that your business is currently working with will allow you to find out which business credit reports you need to access.
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Contact Dun & Bradstreet to determine if your business is listed on its website. If you legally structured your business as either an LLC or a corporation, your business may show as properly established on Dun & Bradstreet's website. Your business must be in the system to view your credit report.
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Purchase your Paydex Score and credit report. Your Paydex Score is based on your timely payment of business debt. Anything over an 80 is good. If your business is listed on Dun & Bradstreet's website, you can find out what your Paydex Score is.
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Go to Experian.com to purchase your business credit profile. Many of your creditors will automatically report your business credit on your tax ID number to Experian.com. For a fee, you can access this credit report based upon your business name and tax ID number.
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Go to http://www.equifax.com/commercial/ to access your Equifax commercial credit report. There may be a fee involved with obtaining your credit report.
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Tips & Warnings
Experian and Dun & Bradstreet should be the first two business credit reports you attempt to access.
If you have many business relationships but not many businesses reporting your good credit each month, consider opening accounts with businesses that will report to Dun & Bradstreet and Experian.
