While they are both credit solutions and loan products, personal and business credit has a lot of differences:
Personal credit is the availed loan product used to finance personal expenses. Business credit, however, is availed for financing your business expenses.
Personal credit scores determine your capacity to repay personal loans as determined by your paying of household utility bills, repayment of personal loans, etc. Business credit scores have a lot of determiners and are governed by business regulation committees as well as business credit bureaus.
Personal credits offer loan products like student …