Re: Reporting bad credit

"Roy N." <[EMAIL PROTECTED]> wrote in message
news:<[EMAIL PROTECTED]>...
> I am a small business owner who is getting larger and larger contracts so I
> have two important questions about credit reporting. I'm hoping someone here
> can advise me.
> 
> First, what is the cheapest way for me to check the credit of a potential
> new client before extending them credit?

Join your local Credit Bureau, it's pretty inexpensive.  And if you
think this might be a regular thing, checking clients credit, then
this is the way to go.
They will either give you a copy of the persons credit report or the
rating.

> 
> Second, and more importantly, I have a client who is delinquent on a
> substantial payment. Right now they're only a few days late, but rather
> unresponsive to my requests for payment. How do I go about reporting their
> delinquency? I understand that I shouldn't be so trigger happy, so how long
> should I wait to report? And when they do pay, can I report that their
> payment was late? If so, how?

Again, through your local Credit Bureau.  I think you have to be a
member to do this.

Jenn
jkbs at hwcn dot org