UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported):
                                  July 26, 2000


                           CREDITRISKMONITOR.COM, INC.
             (Exact name of registrant as specified in its charter)


            NEVADA                       1-8601                  36-2972588
       (State or Other                (Commission              (IRS Employer
 jurisdiction of incorporation)       File Number)           Identification No.)



                     110 Jericho Turnpike, Suite 202
                           Floral Park, N.Y.                    11001
                (Address of principal executive offices)     (Zip Code)



       Registrant's telephone number, including area code: (516)620-5400





                           FORWARD LOOKING STATEMENTS

     Certain statements in this Form 8-K, including  statements  prefaced by the
words  "anticipates",  "estimates",  "believes",  "expects"  or words of similar
meaning,  constitute  "forward-looking  statements"  within  the  meaning of the
Private  Securities   Litigation  Reform  Act  of  1995.  Such   forward-looking
statements  involve  known and unknown  risks,  uncertainties  and other factors
which may cause the actual  results,  performance or achievements of the Company
to be materially different from any future results,  performance or achievements
expressed or implied by such forward-looking statements.

ITEM 5.   OTHER EVENTS.

     CreditRiskMonitor.com,  Inc. (the  "Company")  has entered into a Letter of
Intent with Graydon UK Ltd.("Graydon")to be the sole re-distributor of Graydon's
international  credit  reports in the United  States.  As part of the deal,  the
Company will assume the servicing of the current  contracts of Graydon  America,
Inc. The parties anticipate a closing to take place in August, 2000.

     A copy of the press release issued by the Company in connection with the
signing of the Letter of Intent is attached hereto as Exhibit 99.

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

          (c)  Exhibits.

          99.  Press Release dated July 27, 2000.





                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                 CREDITRISKMONITOR.COM, INC.


                                 By: /s/  Jerome S. Flum
                                     -------------------------------------------
                                     Name:  Jerome S. Flum
                                     Title: Chairman of the Board and
                                            Chief Executive Officer


                                 Date: July 27, 2000