Another way for building a solid business credit profile is through estbalishing a payment history. You can safely do this by regularly making purchases using your credit card, so that you can build-up a good payment track record. The longer, and more timely your payment history becomes,the stronger will your business credit profile get. If you re still undecided regarding which credit monitoring service to sign-up with, here are a few pros and cons of signing-up with credit monitoring services. Pros OF Credit Monitoring Services - A credit monitoring service makes a person life so much easier. Instead of personally filing for a credit report in the agency s office, you simply need to go online to quickly pull them up. How To Gain Your Credit Score According to conventional definition, a credit score refers to a numerical expression, which represents the person s credit worthiness. A credit score is generally based on a credit report that s obtained from the major credit bureaus. According to the US Faire Credit Reporting Act, a person can get a free copy of their credit report from the major credit bureaus, namely TransUnion, Equifax and Experian. The Importance Of Credit Scores A person s credit score is drawn from the credit report. The score determines how credit-worthy and financially responsible he or she is. A high score usually allows you easy access to different forms of credit, while a poor score limits your financing options. Because your credit report greatly influences how you re able to get a home mortgage or get a job, you need to protect your credit rating, by making all your bill and loan payments on time regularly. For instance, if you had a $60,000 credit limit on your credit card, and you ve only so far used $6,000, or 10% of the credit limit, your balance must never go up to as much as 30 percent of your card s credit limit. Always make sure that you maintain a balanced proportion of used credit to available credit. According to credit experts, making a credit report inquiry only eats up around 10% of the criteria for a credit score adjustment, and some experts say that credit score may go down each time a credit report is requested. Will too many inquiries pull your credit score down? Here's a look at the real score when making credit report inquiries.