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Personal credit while all is well
A guaranteed company loan sits on the company’s credit profile, not usually on your personal file, as long as the company keeps up payments. Your personal credit is generally unaffected day to day.
What changes on default
If the company defaults and the lender enforces the guarantee against you, a resulting judgment or default can land on your personal credit report and drag your personal score down for years. Borrowing without a guarantee keeps this route closed.
What it means for you
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.
Frequently asked questions
Will a personal guarantee show on my credit report?
Not usually while the company is paying. But if the company defaults and the guarantee is enforced against you, the resulting default or judgment can appear on your personal file.
How do I keep my personal credit clean?
Borrow without a personal guarantee, so company trouble cannot spill onto your personal credit report.
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Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.