How Can I Check a Demolition Contractor’s Credit

A lot of people tend to ignore or never think about a demolition contractor‘s credit. Most people know that they should check a demolition contractor’s license, a demolition contractor’s references, and a demolition contractor’s internet reviews. But met people tend to ignore their demolition contractor’s credit. But ignore your demolition contractor’s credit at your own peril.

A demolition contractor with poor credit, someone who doesn’t pay his subcontractors or his workers, can do a job and leave you holding the bag for paying everyone else involved. This can land you in a sea of litigation that can last for years and cost thousands of dollars.

So how do you check your demolition contractor’s credit? You can either ask your demolition contractor for recent credit reference. Any good demolition contractor should be able and willing to provide this information. If a demolition contractor refuses to supply a credit reference be very wary. Would you use a demolition contractor that refuses to supply his contractor license? No. Treat your contractor’s credit the same way.

You can also use services provided by credit bureaus like Experian to check your demolition contractor’s credit. In fact, using these background check services may serve as a safety to ensure that your demolition contractor is providing an accurate credit reference.

The motto when dealing with contractors should always be, Trust, but Verify.

 

 

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