What is a credit report?

A credit report is a record of a company's information history which consists of general information about a company, its payment behavior and financial health. The main purpose of a credit report is to measure the creditworthiness of a company in order to set a credit limit.

What information is contained in an LCI Credit Report?

Credit Reports contain information on a particular business' payment history, previous or existing legal filings, and background history. Used as an indicator of a company's financial health, a business credit report is most commonly used to help a lender decide if a company can take on additional financial obligations and if it will most likely pay those obligations on time.

What does the credit information include?

You receive monitoring alerts that inform you of important changes to your customers’ credit file, including:

     * Derogatory information
     * Credit Inquiries on specific customers including your new accounts
     * Indications of possible credit fraud
     * Credit rating