http://ficoforums.myfico.com/t5/Business-Credit/Corporate-loan-and-personal-credit-question/m-p/1712654#M3813 <p>It really depends on how you will be purchasing the equipment.. A loan though the dealer or on a company credit card.. Most direct loans shouldn't report but you would want to check and a lot more credit card companies are reporting.</p> Wed, 21 Nov 2012 23:22:27 GMT Project17 2012-11-21T23:22:27Z http://ficoforums.myfico.com/t5/Business-Credit/Corporate-loan-and-personal-credit-question/m-p/1703202#M3806 <p>If I get a business loan to purchase a piece of equipment for my families corporation will this affect my personal credit? I plan to get a mortgage in the next 9 months and I don't want to do anything to jeopardize my chances, but I also would like to invest in some new equipment.</p> Fri, 16 Nov 2012 04:27:44 GMT http://ficoforums.myfico.com/t5/Business-Credit/Corporate-loan-and-personal-credit-question/m-p/1703202#M3806 KeithW 2012-11-16T04:27:44Z http://ficoforums.myfico.com/t5/Business-Credit/Corporate-loan-and-personal-credit-question/m-p/1704610#M3807 <p>Most credit items like biz LOCs and biz loans won't report on your personal accounts, but a rare few will. Definitely worth asking them. There'll be an inquiry though; you can always explain that easily w/ your lender-to-be.</p> Fri, 16 Nov 2012 23:51:56 GMT http://ficoforums.myfico.com/t5/Business-Credit/Corporate-loan-and-personal-credit-question/m-p/1704610#M3807 llecs 2012-11-16T23:51:56Z http://ficoforums.myfico.com/t5/Business-Credit/Corporate-loan-and-personal-credit-question/m-p/1712654#M3813 <p>It really depends on how you will be purchasing the equipment.. A loan though the dealer or on a company credit card.. Most direct loans shouldn't report but you would want to check and a lot more credit card companies are reporting.</p> Wed, 21 Nov 2012 23:22:27 GMT http://ficoforums.myfico.com/t5/Business-Credit/Corporate-loan-and-personal-credit-question/m-p/1712654#M3813 Project17 2012-11-21T23:22:27Z