Posts Tagged ‘small business credit share’

New Credit Score To Evaluate Small Business Risk Available From Experian

Experian, one of the three credit reporting  bureaus now has a score that evaluates small business risk. This score predicts which small business applicants are more likely to become delinquent on their credit cards and other loans within the next year.

While it is unknown what data go into this new scoring model, information from Experian’s website suggests that it includes more than just lines of credit, credit card payment history, and rental or lease payment history. It seems that it also includes payment histories on utility accounts and trade accounts as well.

The Small Business Credit Share(SM) score appears to range from 0 to 100, where 0 represents the highest risk and 100 represents the lowest risk.

Experian claims that this scoring model is highly predictive of small business risk. Time will tell if this is the case.

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