8-K

                                  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

EX-99

                                   EXHIBIT 99


                                                                    NEWS RELEASE

CONTACT:
CreditRiskMonitor.com, Inc.
Jerry Flum, Chairman & CEO
(516) 620-5400, ext. 321
jerryf@creditriskmonitor.com


FOR IMMEDIATE RELEASE


     CreditRiskMonitor.com Enters Into Letter of Intent With Graydon UK Ltd.


FLORAL  PARK,  NY--July 27,  2000--CreditRiskMonitor.com,  Inc.  (Symbol:  CRMZ)
announced that it has entered into a Letter of Intent with Graydon UK Ltd. to be
their sole  re-distributor  of  Graydon's  international  credit  reports in the
United States. As part of the deal, CRM will assume the servicing of the current
contracts  of Graydon  America,  Inc.  The  parties  anticipate  closing on this
business relationship in August 2000.

"There is very little overlap in the Graydon and CreditRiskMonitor.com  customer
lists and cross- selling opportunities are available.  Accordingly,  we see this
arrangement  as adding to our sales  growth over the next 12 months,"  commented
Joseph DeMartino, chief operating officer of CRM.

Graydon UK Ltd. is one of the leading European service providers in the field of
credit  management  and database  business  information.  It provides a complete
package of  high-quality  international  services for the global  community,  to
facilitate  accomplishing  business  transactions and to assure payment of trade
debts. It is owned by three of Europe's leading credit  insurance  organizations
- -- NCM, Coface and Hermes.

CreditRiskMonitor.com  is an Internet-based  financial  information analysis and
news service designed for corporate credit  professionals  whose portal web site
is www.creditriskmonitor.com. CRM competes with The Dun & Bradstreet Corporation
(NYSE:  DNB) and eCredit.com (an Internet  Capital Group (NASD:  ICGE) portfolio
company) for business credit reporting services.

Safe Harbor  Statement:  Certain  statements  in this press  release,  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,  expectations or
achievements of the Company to be materially  different from any future results,
performance  or  achievements  expressed  or  implied  by  such  forward-looking
statements,  including,  among others,  those risks,  uncertainties  and factors
referenced  from time to time as "risk  factors" or otherwise  in the  Company's
Registration Statements or Securities and Exchange Commission Reports