Frequent Contributor
Posts: 254
Registered: ‎02-22-2012
Corporate loan and personal credit question...

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.

Current Score: FICO EQ670-TU680-EX700
Wallet: Cap One Rew. $3500, Cap One QS $2500, Barclay $2650, Old Navy Visa $3000, QS-2 $2500, Credit One $2500, BoA $5000, Chase Freedom $3000, Slate $3000, Wal-Mart Discover $3000-STORE CARDS: Amazon $3500, Lowes $2000, Kay's $7600