Creditreform Germany has announced that it will launch shortly a new Credit Report International with a credit recommendation up to One Million Euro. The report will contain financial statements covering up to three years and a credit worthiness index. Monitoring International will be added to inform clients if there have been significant changes in data subject’s credit standing.
In addition Creditreform will launch a compact version called Compact Credit Report International which will include a credit worthiness index with a ranking of 1 – 5 suitable for risk categories up to Euro 250,000. For customers with transactions up to Euro 25,000, Creditreform will offer a short form report.
Only several days ago Creditreform announced that it is updating its financial statement database on a weekly basis, which appears to be part of a larger effort to revamp its product line.
Source: Password Germany
