cancel
Showing results for 
Search instead for 
Did you mean: 

How will business loan affect my personal credit?

tag
Anonymous
Not applicable

How will business loan affect my personal credit?

Applying for large business loan (veterinary- over 500000).  Will have to relocate with the purchase of business, and will need a home loan also around the same time, is this going to be possible?  Currently great credit around 760.
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: How will business loan affect my personal credit?

I wish I could answer that.  I've never taken out a personal loan... or a business loan.   Is this installment or are you buying property?  Was this personally guaranteed, or strictly through the business?  What did the underwriters say when you asked them, and did you believe them or you feel iffy about it?   What have you noticed on your credit reports so far?

 

I hope someone who has gone through this before is able to help answer your questions.

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.