When to Order a Credit Report

A credit report is a "snapshot" in time.  The benefit of a report is that both current and historical payment trends are in evidence.  As time passes, the "image" may change as well as other key components of the report.  For these reasons we encourage the use of updated credit reports, especially in the following instances:

• Qualifying a new account
• Maintaining information on an existing account
• Increasing lines of credit
• Granting extended payment terms
• Collection decisions
• Changes in ownership
• When a rating is –(blank)
• When a rating is changed