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Guarantor?

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Anonymous
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Guarantor?

I have a business that is an S-Corp. I'm in process of setting up a lease to own for business equipment and the leasing company wants me as a guarantor and has checked my credit report and has my SS#. If I go through with the lease to own, will this show up on my personal credit report as if it's a personal debt since I'm a guarantor?
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Anonymous
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Re: Guarantor?

Only if you default.

robertsrsc1 wrote:
I have a business that is an S-Corp. I'm in process of setting up a lease to own for business equipment and the leasing company wants me as a guarantor and has checked my credit report and has my SS#. If I go through with the lease to own, will this show up on my personal credit report as if it's a personal debt since I'm a guarantor?


Message 2 of 2
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