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Business Summary is a low-cost summarized credit
report for low-balanced accounts (generally considered to be less
than $1000). The summary analyzes the account's current trade
experiences, determines the presence or absence of collection data
and derogatory public record filings, and then classifies the
account into risk categories.
Quick evaluation of low-balance accounts
Make quick, effective assessments of your low-balance
transactions.
Features:
Risk categories
The summary analyzes the account and
then classifies the account into one of the following categories:
Acceptable
The company
actively uses credit and pays its bills no later than nine days
late, on average.
Caution
A company may
fall into this category in one of two ways. If the company actively
uses credit, the risk category is based on the current payment
performance and/or legal records on file. If the company does not
actively use credit, it may pose increased risk.
Warning
Derogatory
payment performance information and/or derogatory legal records
exist on file for the company.
Serious risk
The company has
seriously derogatory payment performance and/or seriously derogatory
legal records on file.
Bankruptcy
The company
previously filed for bankruptcy.
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