Skip to content
Thread Options
#1399823 - 06/04/10 05:36 PM Commercial Lending
mstark Offline
Gold Star
Joined: Mar 2006
Posts: 336
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.

Return to Top
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
We are $500 million, 7 branches and do not report on any non-consumer loan, on the borrowers or any of the guarantors.
Just working here until I get my letter from Hogwarts.

Return to Top

Moderator:  Andy_Z