The Paydex score is a system that Dun and Bradstreet instituted by as a measure of credit worthiness for businesses. It is very similar to the FICO credit scoring system that is used to track consumer ...
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What is a Paydex score?
A Paydex score, which ranges from 0 to 100, assesses a business’s financial health for vendors, lenders and insurers. The Paydex scoring model is based on dollar-weighted trade references, emphasizing ...
Though these scores aren’t officially called credit scores, they serve the same purpose. Knowing what they are and how to improve them is an important tool if you need to borrow for your business, use ...
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If you own a business, you may have heard about a Paydex score. If you want to get financing from a financial institution or plan to work with vendors and service providers, a Paydex score is a ...
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