This includes the date the debt was incurred, the amount of the debt and the debtor's name, address and phone numbers.2. Call a credit reporting agency such as Dun & Bradstreet, Experian, Equifax or Trans Union (see Resources).
This can move the credit score of the matter and its borrowing possible. Companies can Announcement deficient Obligation by contacting credit agencies such as Dun & Bradstreet, Experian, Equifax and Trans Union.
Instructions
Report a Bad Business Debt to the Credit Industry
1. Associate credit earful. Before contacting a credit reporting agency, have available the details of the bad debt.Companies can Announcement poor Obligation to credit reporting agencies.A evil game Obligation results when a incident borrows chicamin or receives goods or services on credit, however doesn't remuneration. By reporting poor debts to the credit Production, a matter can warn other latent creditors of an irresponsible customer.
Tell it you are a business and wish to report a bad debt you experienced with another business. The agency may ask that you mail or fax the information to it.
3. Confirm that the information was reported. After contacting a credit reporting agency, you can ask that it confirm in writing that the bad debt information was include in the business' credit file. If the debtor contacts the credit reporting agency and disputes your information, you will be ask to supply verification of the bad debt.
