How To Request Experian Reports

16 Inquiry Tips To Improve Hit Rates

Provided by Experian Business Credit Services

 

We know how frustrating it is when you inquire on a company and receive a No Record, or incur multiple LOS No Records trying to locate a business. Studies indicate that 68% of No Records are related to inquiry errors. In other words, we have information on the company you want … but your inquiry method prevents our system from making the match.

 

The following 16 tips will help you search Experian’s database of more than 10 million businesses and:

 

* Improve your hit rate

* Get more usage from your subscription

* Reduce your No Record charges

* Reduce LOS (List of Similars) Duplication

* Increase productivity

 

These 16 tips are based on Experian’s studies of the most commonly made subscriber input errors. In almost every instance listed, the subscriber was simply trying to provide more information to improve the search. In actuality, they prevented the system from making a match to the company desired.

 

Tip #1 - Watch where you enter the proprietor’s name

 

If you enter a proprietor's personal name at the Company prompt, Experian searches for business credit data on a company for which the proprietor's personal name is part of the business name (e.g., Bob Jones Auto, professionals such as doctors, certified public accountants, professional consultants, etc.).

 

Otherwise, entering personal names through the Business Profile option will most likely result in a No Record or a Duplicate LOS. Inquiries on companies that read "Owner of..." or "Proprietor of..." also will result in a No Record or LOS Duplication because the Experian search system interprets the words "Owner of" as part of the official name of the company.

 

If you want to access an SBAR report on a proprietor, you must enter that personal name via the SBAR menu option, after first attempting to access a Business Profile on the business.

 

Tip #2 - Don’t add the owner’s name to the business name

 

Don’t enter the owner's name along with the business name (e.g., Doug Smith of Western Tile). This will most likely result in a No Record or LOS Duplications.

 

Tip #3 - Skip professional designations

 

Don’t enter professional designations. The Experian search system recognizes professional designations as extraneous words (e.g., Dr., Ph.D., CPA, D.D.S.), and therefore does not use them when searching for an entity. Your inquiry for Michael Sutton will deliver the same result as your inquiry for Dr. Michael Sutton or Doctor Michael Sutton. In this instance, simply entering the personal name through the Business Profile option is correct.

 

Tip #4 - Skip organizational designations

 

Don’t enter organizational designations. Like professional designations, organizational designations (e.g., Company, Corporation and Incorporated) are so common that they are not used in our search processes and can be left off of your inquiry entirely. Using variations of these words when searching for a company (e.g., separate inquiries for Experian, Experian Inc., Experian Incorporated) will give you the same search result, and will likely cause LOS Duplication (or, if you were unable to locate the original company, additional No Records).

 

Tip #5 - Stick to one company name

 

When you know a business is operating under more than one name (e.g., Jones Supply DBA Smith Company, or Dell Associates AKA Image Bank), your inquiry will be more productive when you limit it to one of the two company names. Entering multiple company names for a single search will likely result in a No Record, or cause LOS Duplication.

 

Tip #6 - Skip city and state

 

Don’t enter city and state unless they are part of the company name (e.g., Clark Equipment of Joliet, IL). Otherwise, your inquiry will likely result in a No Record, or cause LOS Duplication.

 

Tip #7 - Don’t abbreviate

 

Incorrect or improper abbreviations (e.g., Cmpny, Dstrbtrs, etc.) will likely result in No Records or cause LOS Duplication.

 

Tip #8 - Leave singulars and plurals alone

 

Changing a word from plural to singular (e.g., Cole Electronics to Cole Electronic) - or vice versa - in an attempt to improve the search will like result in a No Records or cause LOS Duplication.

 

Tip #9 - Watch your punctuation

 

Adjusting periods or other punctuation (e.g., W.R. Grace to W. R. Grace or WR Grace) in an attempt to improve the search will like result in a No Record, or cause LOS Duplication.

 

Tip #10 - Be careful with initials

 

Adjusting the way initials are inputted (e.g., inputting International Communications Corporation (ICC) either with or without the parentheses) in an attempt to improve the search will likely result in a No Record, or cause LOS Duplication.

 

Tip #11 - Don’t add affiliations

 

Adding professional organization affiliations to the inquiry (e.g., inputting a professional's name with an acronym such as Steven Taylor AIA for American Institute of Architects) will likely result in a No Record or cause LOS Duplication.

 

Tip #12 - Don’t add type of business

 

Adding the type of business, occupation or professional's name (e.g., Steve Taylor Attorney At Law, or Bob Jones General Contractor) will likely result in a No Record or cause LOS Duplication.

 

Tip #13 - Avoid multiples

 

Inputting an inquiry on multiple professionals who are located at the same office (e.g., Law Offices of Steven Taylor and Bob Jones, or Doctors Steven Taylor & Bob Jones) will like result in a No Record or cause LOS Duplication. Enter each professional into the report request option individually, using the professional's personal name only.

 

Tip #14 - Separate each word

 

Always separate each word of the company name with a space (e.g., Steel Plating Company instead of SteelPlatingCompany). Running words together will likely result in a No Record or cause LOS Duplication.

 

Tip #15 - Check your spelling

 

Take care to ensure the company name is properly spelled (e.g., Bob Joones Auto instead of Bob Jones Auto), and that words are not truncated. These errors will likely result in No Records or cause LOS Duplication.

 

Tip #16 - Don’t do the same search twice

 

If the system is unable to retrieve the business you inquired upon, repeating the exact same inquiry or near exact inquiry will likely result in a No Record or cause LOS Duplication.

 

 

Understanding Experian online lingo

 

No Record: A "No Record" refers to instances where you access the Experian system is unable to deliver a report on the company requested.

 

LOS No Record: An "LOS" or “List of Similars" is a list of up to 24 companies with names similar to that of the company you requested (e.g., Reliable Electrical Supply, Reliable Electronics, and Reliable Auto Supply). As an Experian subscriber, you may select up to five companies from this list for the price of one Experian Business Profile. An "LOS No Record" occurs each time you receive an LOS but do not select any companies from this list.

 

LOS Duplication: "LOS Duplication" occurs when you enter variations of your original inquiry, yet continue to receive the same List of Similars. LOS Duplication can contribute to additional LOS No Record charges.