Paydex is a term used in business, for a numerical score granted by Dun and Bradstreet to Business as a credit score for the promptness of their payments to creditors. The Paydex score is used for commercial organizations in a manner similar to the way the FICO score is used for individuals.[1]
While individual credit score take a number of factors into consideration, Paydex is calculated based one single factor - whether a business makes prompt payments to its suppliers and creditors within the agreed upon terms of payment.
The Paydex Score ranges from 0 to 100 (best). A Paydex of 80 or higher is considered healthy for a company - that is a company is paying its suppliers and vendors on time, before they are due, or past due. Today most lenders and suppliers are looking for a score of 75 and higher.[2]
see also: D.U.N.S.
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