Paydex and credit....

Discussion in 'Credit Talk' started by homefront, Apr 22, 2003.

  1. homefront

    homefront Active Member

    I need information on how Paydex "works". I've recently set up with DNB and am curious if the same "standards" that apply to FICO apply to Paydex. In particular: I've aquired a AMEX Business credit card and I know they pulled my personal credit as a guarrantor (sp?) of the account. Will this account still report to DNB? If it does report to DNB will the same factors affect my score as it would on FICO, specifically if I charge the business card above 50% of the credit limit will it affect my Paydex? I haven't set up business credit with Staples, Office Depot, etc yet and was wondering if I should wait for a Paydex to show, and if so does it have to be above a certain score?
     
  2. homefront

    homefront Active Member

    Just as i thought, even less is known about the inner workings of Paydex than is known about FICO. Thats scary.
     
  3. Ender

    Ender Well-Known Member

    u need 75 or higher to not need PG's anymore..
     

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