Posts Tagged Business Loan

What are the qualifications to get a personal loan?

Justin asked:


I have been unemployed for about a year and living on my savings from my previous business that I sold. I want to get a personal loan for an Internet business. I don’t think I even qualify to get a business loan since I have no income coming in, right? Will I likely get denied getting a personal loan too? I have 0 balance and good standing on my credit report/credit score.

If I am denied, would I also get denied to open a personal line of credit or home equity line of credit?

Peggy

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Personal garantee? with business loan?

Absolute Knowledge asked:


dose signing a personal garatee with a business loan?
shows up in my credit report?

dose the loan gonna show up? on my personal credit file? also? thus reducing my creditscore dramtically? until its paid off?

thanks

ALEXANDER

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Dose signing a personal guarantee for a business loan show up in personal credit report?

Absolute Knowledge asked:


the personal guarantee for a business loan shows up on personal credit report?

i mean more then a credit check inquiry?

how much will that lower my credit score?

STAN

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Dose Signing a Personal Guarantee for a Business loan destroy personal credit score?

Absolute Knowledge asked:


singning a personal guarantee for a 200k small busniness loan? will it destroy my fico score?

since im signing perosonal guaratee will they report the busniness loan and amount to the personal credit agencies?
thus drastically reducing my fico and dembt to income ratio?

as in a few months im planiing to buy a house?

thanks

Kansieo.com

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