When Your Business Loan Affects Your Personal Credit June 15, 2009 – Small business borrowing is generally not reported on owners’ consumer credit reports unless they fail to pay on time. But with banks facing rising defaults, at least one lender is moving to add small Business Loans In Australia to borrowers’ consumer credit files, meaning small business owners could soon find that their business debts are affecting their personal credit. Any debt that owners personally guarantee—including many Business Loans In Australia and credit cards—could be reported.