CRIB Score Reports - Corporate
The Credit Score is a number that is mathematically calculated by using an algorithm based on the data provided by the lending institution of a corporate/business entity. This Credit Score is issued in the form of a report, upon request of the Proprietor/Partner/Director of a corporate/business entity, to which that information/score relates to.
The Credit Score is a 3 digit number ranging from 250 to 900. A higher Credit Score leads to lower Credit Risk to lenders and a lower Credit Score leads to higher Credit Risk.
How to apply for a report
Steps follow to obtain a CRIB Score Report are similar to Steps followed to obtain a Self – Inquiry Credit Report (iReport) by submitting the iReport Application Form through a Member Lending Institution.
At present, the Proprietor/Partner/Director of a corporate/business entity who wishes to obtain their corporate “iReport”, can ONLY apply for their corporate “CRIB Score Report” from the Bureau. The same iReport Application Form is used to obtain the corporate CRIB Score Report and the fee is charged for both reports.