Corporations offer limited liability. This remains the same. Now, Transunion does background checks on the owners of the company to determine if the owners have engaged in high risk or fraudulent activity in the past. Even when you’re not the guarantor on the loan, they still drag you into the credit worthiness of the corporation. The solution: Don’t place any officer on your company unless they are clean of any recent business failures, fraud matters, and other questionable activities.