The accuracy of your credit score is a top priority to us.
DAT and Ansonia want your credit score to be an accurate reflection of your payment history. The following questions and answers can help you understand your company's credit report.Some of the largest loadboards provide Ansonia credit scores as part of their member services. When no score is reported, this indicates Ansonia does not have a score for that company. Please note, creating an account with Ansonia will not create a credit score. All data must be provided by data contributors, and self-reporting is not permitted.
Usually companies don’t have a risk score because they have not developed a history of doing business with companies who are currently Ansonia data contributors. A data contributor is a company who extends trade credit to you (including factoring companies, carriers, 3PLs, railroads, fuel, tires, or other vendor/supplier) and who contributes its payment history to Ansonia Credit Data. After two different data contributors have reported your payments for three consecutive months, current month excluded, on the fourth month your brokerage will be eligible to receive a credit score.
Tips for responsibly building credit
- Pay your bills on time!
- New businesses should obtain tradelines with creditors to build their business credit. Even if you don’t “need” credit at the moment, it will be useful in the future when you grow or need capital in the form of a credit line or loan.
- Choose to work with lenders, suppliers and creditors that report your payment history to the credit bureaus.
- Establish business credit separate from your personal credit
- Be set up to receive invoices from companies via email rather than mail
- Have your accounting department check emails every day
- Pay companies via ACH or eCheck to cut out mail delays
- Transportation companies, if you don’t receive all the necessary paperwork from a carrier in a timely manner, be proactive and track it down. Waiting will only hurt your score.
- Manage your growth steadily; too many sudden contributors and inquiries can be a red flag!
If your score is 84 or below, have a company officer submit a Data Verification Request to receive a copy of your credit report using one of the following options:
If your score is 85 or higher, click below to create a user account from which you will be able to use your credit card to purchase a copy of your company’s credit report for $18.
If you believe inaccuracies exist on the current copy of your company’s credit report, the first step is to reach out directly to the contributor to resolve any disputes. Unlike a consumer credit report, data contributors on business credit reports are not identified by name, but you can generally figure out who they are by a process of elimination from looking at past due balance dates and balances.
If you can’t figure out who the contributor is, Ansonia can reach out to them on your behalf to get their permission to release their name to you. If you still believe there is incorrect information on your report, you can submit a Data Verification Request to Ansonia to review your report here:
If you can’t figure out who the contributor is, Ansonia can reach out to them on your behalf to get their permission to release their name to you. If you still believe there is incorrect information on your report, you can submit a Data Verification Request to Ansonia to review your report here:
The trade payment data used on Ansonia Business Credit Reports is actual trade payment history sent to Ansonia from companies who have extended your company credit on net payment terms such as net 30 days. The information comes from actual businesses like yours, who are members of our trade partner network and provide us with their accounts receivable information on a monthly basis, at minimum. This non-biased source of information is reliable and allows for an objective view of a company’s payment habits.
If a trade creditor you deal with isn't listed on your business credit report, it's most likely because they do not report your business payment history to Ansonia. Only by working with suppliers who report can you build your business credit report and improve your credit score.
Companies of all sizes can request to submit their accounts receivable portfolio to Ansonia. Participation is free, confidential and secure. Participation requires the contributor to have an Ansonia Credit Report on file and they must agree to electronically submit an approved format of their accounts receivable portfolio at least once a month. Companies interested in reporting their trade data to Ansonia should contact an Ansonia rep for more information.
Once a Data Verification Request is submitted, Ansonia will take immediate action to start the process and, if necessary, reach out to a trade contributor to verify trade lines. The request will be sent immediately to the contributor however Ansonia is contractually required to allow the contributor 15 days to research and respond. Ansonia cannot release the name of a contributing party without their written consent and due to non-disclosure agreements, a contributing party ultimately retains the right to withhold their identify.
Since business credit reports do not use consumer data, there is no regulation associated with them.
Usually companies don’t have a risk score because they have not developed a history of doing business with companies who are currently Ansonia data contributors. A data contributor is a company who extends trade credit to you (including factoring companies, carriers, 3PLs, railroads, fuel, tires, or other vendor/supplier) and who contributes its payment history to Ansonia Credit Data. After two different data contributors have reported your payments for three consecutive months, current month excluded, on the fourth month your brokerage will be eligible to receive a credit score.
You can update your company's address by submitting a Data Verification Request by clicking on the appropriate button below:
Since 2006 Ansonia has been meticulous about accurately reporting trade payment data exactly as it is submitted by data contributors who are members of our trade partner network.
The Fair Credit Reporting Act requires US consumer credit agencies to disclose the names of sources specific to payment experience on their consumer reports. However, the Fair Credit Reporting Act only applies to consumer (personal) credit and since the reporting of trade experience in an Ansonia report involves commercial credit, Ansonia is not required to disclose contributor information.
See Other Frequently Asked Questions Here:
If you have further questions regarding your credit report/score,
you can submit a Data Verification Request here:
you can submit a Data Verification Request here: