Subscriber Discussion

Best Place For Client Credit Checks

KJ
Kenny Johnson
Oct 20, 2017

anyone do credit checks on clients?

whats the best place to use for this?

thanks!

UI
Undisclosed Integrator #1
Oct 21, 2017

Business or personal?

US or other?

For those who did the mass market residential it was required and facilitated by the contract buyer. 

For those who did commercial leasing, the leasing company ran the credit. 

KJ
Kenny Johnson
Oct 21, 2017

Business in the USA.

We are looking for the best place to do credit checks on our business clients who want to sign up for our service.

UI
Undisclosed Integrator #1
Oct 21, 2017

Usually Dunn & Bradstreet, bank and trade references.  File a UCC1 and so forth.  Talk to your bank. 

JH
Jay Hobdy
Oct 21, 2017
IPVMU Certified

How about personal? Any suggestions for that market? We may be doing a small bit of creative in-house financing.

UI
Undisclosed Integrator #1
Oct 21, 2017

Perhaps not the best solution to mention these days, but http://www.experian.com/connect/?intcmp=hptn_sb_cisconnect&c=expn&sg=hp&m=nav&a=text_checkcrd

It costs money unless you have the customer run their own for free and release it to you.

It used to be 600+ would allow you to get a $36.00 monitored alarm.  Desperate dealers could push to get a 575 bought.  650 and above were considered a better risk.

If my memory serves me, some dealers were cautious when someone had above 800 because they were difficult to deal with!

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