Company loan, but personal credit search on director?

happyindebt

My limited company bought something on finance - but I've just seen that they performed a personal hard credit search on one of the directors. Is that something normal or can I can dispute it? Thank you.

D3xt3r5L4b

You can’t dispute a search that’s not yours, no. 

MattMattMattUK

It is normal and no, you can not dispute it.

happyindebt

D3xt3r5L4b said:

You can’t dispute a search that’s not yours, no. 

Can the director dispute it?

MattMattMattUK

flavianatill said:

D3xt3r5L4b said:

You can’t dispute a search that’s not yours, no. 

Can the director dispute it?

Why are they looking to dispute it? When they, or the authorised representative signed the finance agreement it will have included clauses allowing them to conduct credit searches against the company directors, this is normal practice.

Grumpy_chap

Is there a personal guarantee for the loan from the Director?

It's your Ltd Co.  Are you the Director they did a search on?  If, not, where do you fit in to this, and who are the other people involved?  This will help people understand and maybe provide more pertinent comments.