The PAYDEX Score is D&B’s unique numerical indicator of how a firm paid its bills over the past year, based on trade experiences reported to D&B by various vendors. The D&B PAYDEX Score ranges from 1 to 100, with the higher scores indicating better payment performance.
Key to the D&B PAYDEX? Score
PAYDEX Payment
100 Anticipate
90 Discount
80 Prompt
70 15 Days Beyond Terms
60 22 Days Beyond Terms
50 30 Days Beyond Terms
40 60 Days Beyond Terms
20 90 Days Beyond Terms
20 120 Days Beyond Terms
UN Unavailable
When making payments on revolving accounts it really doesn’t matter if you pay the minimum payment or the full balance, they simply give a score based on the timing for the payment.
Landshark12000
April 10, 2008 at 3:28 pmMike, How come so many of the companies ask for SS# instead of D&B#
mike
April 12, 2008 at 12:47 amthe majority of banks do not offer "no pg" credit but there is a handful of them that do.
ktwins2002
April 13, 2008 at 12:40 pmIn our business's case, we did everything...got the dun's number started with a credit account with no PG; one year later we are securing credit with no PG, but when I tried to go to eupdate on D & B website it shows only 1 line for one payment and nothing else....I don't think we are generating a paydex score. D & B says we need to pay $400 to set up our d&B with our lines of credit so we can start receiving a Paydex score...Has anyone had any experience with this?
mike
April 13, 2008 at 2:19 pmok First of all, you do not need to pay the $400. What I can say is that many of your vendors are not reporting to DnB. - mike
Tkeela
April 24, 2008 at 4:34 amHi, How can we check the DnB rating fo rour business to see where we stand? What is the cost? Do you pay each time like FICO? Do inquiries from yourself (or others) hurt your score with DnB?
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