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#1399823 - 06/04/10 05:36 PM Commercial Lending
mstark Offline
Gold Star
mstark
Joined: Mar 2006
Posts: 336
Bank
When a business applies for a loan and the business owners guarantee the loan, should we report the loan on their personal credit report? We have seen banks report the loans and others not.
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Lending Compliance
#1399842 - 06/04/10 05:57 PM Re: Commercial Lending mstark
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
We are $500 million, 7 branches and do not report on any non-consumer loan, on the borrowers or any of the guarantors.
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Just working here until I get my letter from Hogwarts.

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