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In the US, Dun & Bradstreet [1] is a company that attempts to provide a sort of "credit report" for both public and private companies of all sizes. Companies a
by JoblessWonder 9y ago
In the US, Dun & Bradstreet [1] is a company that attempts to provide a sort of "credit report" for both public and private companies of all sizes. Companies are required to have a DUNS number to do business with the government and it can act as a sort of unique ID.
However, like other credit agencies, it isn't infallible and is only as good as the information it is able to gather through information sharing agreements. They have also branched into the "Improve/Monitor your D&B score" business which is pretty shady. [2]
[Edit: We also have vendors require references if we are looking to establish a line of credit. We also provide references saying how much credit they have and how often they pay on time. It is a manual process.]
[1] http://www.dnb.com/ http://www.dnb.com/
[2] https://www.dandb.com/ https://www.dandb.com/ (See, their credit services are totally different! They use "and" instead of "&"!)
- randcraw 9y ago20 years ago my father ran a small business and routinely relied on D&B reports to provide insight into the creditworthiness of unknown suppliers or customers. Of course investors and larger institutions use Standard & Poors and Moody's to provide credit ratings and background histories on public companies and their stocks and bonds.