Do Personal Guarantees Affect Credit Scores?
December 15, 2020
Garrett Sutton is an attorney, best-selling author and one of Robert Kiyosaki’s Rich Dad Advisors. He has more than 30 years of experience helping individuals and businesses limit their liability, protect their assets, implement advantageous corporate structures and advance their financial goals. He is the author of “Finance Your Own Business,” “Start Your Own Corporation,” “Writing Winning Business Plans” and other titles.
Being asked to make a personal guarantee on a business loan? Find out whether or not a personal guarantee impacts your credit score.